Today news
About the same in other media
28.07 - 16:05
BlackRock profit drops 30% after ‘worst start to the year in half a century’ for markets
Reading now: 800
fnlondon.comBlackRock, the world’s largest asset manager, saw profits tank 30% during the second quarter, in another sign volatile market conditions are ravaging the sector.
Adjusted profit of $1.1bn was down nearly a third year-on-year, while revenue dropped 6% over the quarter and assets under management also took a hit, as a bear market takes its toll on manager performance across the board.
The...
Read more on fnlondon.comAbout this in other media
Nestlé raises prices by 6.5% in first six months of the year theguardian.com /2 years ago
Asia’s richest woman loses half her $24bn fortune in China property crisis theguardian.com /2 years ago
Lloyds profits take hit after more money put aside for defaults theguardian.com /2 years ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
![How ApeCoin [APE] traders can make profit out of this divergence](https://finance-news.co/storage/thumbs_400/img/2022/7/24/34602_gsz.jpg)
