Tech
How BlackRock Became The World’s Largest Asset Manager
BlackRock is one of the world’s most influential companies in finance. At the end of the third quarter, it had $9.464 trillion in assets under management, making it the biggest asset manager in the world.
That scale gives CEO Larry Fink a voice in the international effort to fight global warming. Fink kicked off the decade with a letter to shareholders that called for better stewardship of environment, social and corporate governance issues.
These concerns stem from BlackRock’s conversations with clients across the globe. At a conference at the Bank of Italy earlier this year, Fink said that enforcing emissions reporting standards for public companies “will have the unintended consequences of fueling a backlash against our big companies, and it will promote a narrative of big versus small, and it will create greater and greater political polarization.”
Legal scholars like University of Virginia’s Paul Mahoney say the push for better ESG standards may transcend the typical boundaries of fiduciary responsibility.
“BlackRock in particular has been quite clear in their messaging that they believe that using ESG factors across its portfolio will help them deliver better returns,” the law professor told CNBC.
Fink and his team built their empire by focusing on long-term risk management and technology. This made BlackRock one of the world’s most powerful firms in a relatively short period of time. Now, they’re using that influence to push public corporations into taking action on ESG issues.
Watch the video above to see how BlackRock rose to the top of the financial world, and hear their plans for the future of the global economy.
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
» Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic
About CNBC: From ‘Wall Street’ to ‘Main Street’ to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Connect with CNBC News Online
Get the latest news: https://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC
Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC
Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC
Subscribe to CNBC PRO: https://cnb.cx/2NLi9AN
#CNBC
How BlackRock Became The World’s Largest Asset Manager
source
Tesla chief executive fires back at Mobileye on safety concern accusations.
» Subscribe to CNBC: http://cnb.cx/SubscribeCNBC
About CNBC: From ‘Wall Street’ to ‘Main Street’ to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Connect with CNBC News Online
Get the latest news: http://www.cnbc.com/
Find CNBC News on Facebook: http://cnb.cx/LikeCNBC
Follow CNBC News on Twitter: http://cnb.cx/FollowCNBC
Follow CNBC News on Google+: http://cnb.cx/PlusCNBC
Follow CNBC News on Instagram: http://cnb.cx/InstagramCNBC
Tesla And Former Camera Supplier, Mobileye Engage In Public Dispute | Tech Bet | CNBC
source
You can’t buy Google’s latest hardware project, but you can 3-D print one.
» Subscribe to CNBC: http://cnb.cx/SubscribeCNBC
About CNBC: From ‘Wall Street’ to ‘Main Street’ to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Connect with CNBC News Online
Get the latest news: http://www.cnbc.com/
Find CNBC News on Facebook: http://cnb.cx/LikeCNBC
Follow CNBC News on Twitter: http://cnb.cx/FollowCNBC
Follow CNBC News on Google+: http://cnb.cx/PlusCNBC
Follow CNBC News on Instagram: http://cnb.cx/InstagramCNBC
Google Built A Synthesizer That Uses A.I. — And You Can Make Your Own | CNBC
source
The U.S. has become Hyundai’s most important country in its push for global growth. It has a $26 billion investment plan that goes through 2028 to continue building out its domestic manufacturing infrastructure as it aims to produce more vehicles in the U.S. CNBC auto reporter Michael Wayland spoke to the CEO of Hyundai to learn more.
Produced and Edited by: Ryan Baker
Camera by: Jeniece Pettitt
Reporter: Michael Wayland
Animation by: Jason Reginato
Senior Managing Producer: Tala Hadavi
Additional Footage: Hyundai
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
About CNBC: From ‘Wall Street’ to ‘Main Street’ to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Want to get ahead at work? Then you need to learn how to make effective small talk. In CNBC’s new online course, How To Talk To People At Work, expert instructors teach you how to use everyday conversation to gain visibility, build meaningful relationships and advance your career. Sign up now: https://cnb.cx/4sGlSkh
Connect with CNBC News Online
Get the latest news: https://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC
Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC
Follow CNBC on Threads: https://cnb.cx/threads
Follow CNBC News on X: https://cnb.cx/FollowCNBC
Follow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC
#CNBC
Why Hyundai’s Investing $26B In The U.S.
source
Paramount Skydance’s proposed acquisition of Warner Bros. Discovery is in regulatory limbo as state attorneys general seek to block the deal. CNBC’s Julia Boorstin, Lillian Rizzo and Alex Sherman discuss the twists and turns of the megamerger, what it means for media M&A at large, and what happens next.
Chapters:
0:00-0:48 Introduction
0:49-2:56 How we got here
2:57-5:26 Regulatory hurdles
5:27-8:25 What comes next
Reporting by Julia Boorstin, Lillian Rizzo, Alex Sherman
Produced and Shot by Devan Burris
Edited by Darren Geeter
Senior Managing Producer Tala Hadavi
Addditional Camera Rowan Buck and Andrew Katchen
Animation by Jason Reginato
Additional Footage Getty Images
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
About CNBC: From ‘Wall Street’ to ‘Main Street’ to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Want to get ahead at work? Then you need to learn how to make effective small talk. In CNBC’s new online course, How To Talk To People At Work, expert instructors teach you how to use everyday conversation to gain visibility, build meaningful relationships and advance your career. Sign up now: https://cnb.cx/4sGlSkh
Connect with CNBC News Online
Get the latest news: https://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC
Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC
Follow CNBC on Threads: https://cnb.cx/threads
Follow CNBC News on X: https://cnb.cx/FollowCNBC
Follow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC
#CNBC
What Makes Paramount Skydance’s Deal For Warner Bros. Discovery So Unique
source
Meta is facing what could be its most consequential trial yet, as 29 state attorneys general accuse the tech giant of knowingly designing Facebook and Instagram to addict children and misleading the public about the risks. The states are seeking civil penalties that could approach $200 billion and changes to core features like infinite scroll and autoplay, while Meta says the claims are unsubstantiated and that it has built strong protections for teens. The outcome of the federal trial could reshape how social media platforms are designed and open the door to greater liability for companies across the industry. CNBC’s Julia Boorstin examines why this case could become Big Tech’s “Big Tobacco” moment, and what a loss could mean for Meta’s business and the future of social media.
Reporter: Julia Boorstin
Produced and Edited by: Andrew Evers
Senior Field Producer: Stephen Desaulniers
Additional Editing: Erin Black
Senior Director of Video: Jeniece Pettitt
Additional Footage: Getty Images
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
About CNBC: From ‘Wall Street’ to ‘Main Street’ to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Want to get ahead at work? Then you need to learn how to make effective small talk. In CNBC’s new online course, How To Talk To People At Work, expert instructors teach you how to use everyday conversation to gain visibility, build meaningful relationships and advance your career. Sign up now: https://cnb.cx/4sGlSkh
Connect with CNBC News Online
Get the latest news: https://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC
Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC
Follow CNBC on Threads: https://cnb.cx/threads
Follow CNBC News on X: https://cnb.cx/FollowCNBC
Follow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC
#CNBC
The Meta Trial That Could Reshape Facebook And Instagram
source
-
Other3 years ago
Economic crisis Predictions|Bloomberg Surveillance 11/08/202…
-
Other3 years ago
Suppers Around The World – Tasty Recipes Please recognize th…
-
Food3 years ago
Kardea Brown’s Cheesy Hash Brown Casserole | Delicious Miss Brown | Food Network
-
Politics3 years ago
Russia hawks to Putin apologists: GOP stonewalls Ukraine aid, Tucker Carlson’s trip to Moscow
-
Other3 years ago
Giada De Laurentiis Makes Pan-Fried Zucchini w/ Anchovy Vina…
-
News3 years ago
White House warns of Russia invasion in Ukraine before end of Olympics
-
Sports3 years ago
Top 10 Saves from Week 13 of the 2021-22 NHL Season
-
Other3 years ago
Just how beginner Vivek Ramaswamy is gaining some Trump foll…
-
Other3 years ago
MaxMara Spring/Summer 2013 FULL SHOW|Milan Fashion Week MFW|…
-
Politics2 years ago
George Conway: ‘Lying, intimidating, bullying. That’s Trump at his worst, and that’s Trump always’
@exoticbutters6502
December 19, 2023 at 9:21 pm
Time to party like its 2023
@studentus4983
December 19, 2023 at 9:21 pm
Bangladesh IPO calam balance set
@bosewicht2389
December 19, 2023 at 9:21 pm
The bots shilling for casino capitalism are hilarious
@rodolfocabrera7552
December 19, 2023 at 9:21 pm
The most important aspect to be aware is how much time is needed to be spent on this project in the first year and how long
@user-sn2oq4qt7b
December 19, 2023 at 9:21 pm
I only hear this name black rock in malaysia 1MDB scandal. That time even the documentary is not even famillat with black rock too they were suspicious.
@MigWitTheSig
December 19, 2023 at 9:21 pm
Capitalism. Not sure how I feel about it yet. Is it a benefit to society? How?
@someoneelse9768
December 19, 2023 at 9:21 pm
Monopoly / stock market scam to make themselves look bigger
@pranjayarora8115
December 19, 2023 at 9:21 pm
BERKSHIRE HATHAWAY WARREN BUFFETT INDIVIDUAL👤MARKET CAP -800 BILLION USD VS🆚 BLACK ROCK -100B$ FIDELITY -44 BILLION USD WHY EVERYBODY UPLOAD VIDEOS ON WARREN BUFFETT EXCEPTION MR BEAST 👍
@cryptosaffa3869
December 19, 2023 at 9:21 pm
Time to #BoycottBlackRock ?
"Larry Fink, chairman and CEO of BlackRock Investment Management Company, has been referred to as the “architect of woke capitalism.” Together in coordination with other financiers, Fink has sought to weaponize pension funds through ESG to make radical changes to our economy that would never be approved in a legislature or ballot box. “Society is increasingly looking to companies, both public and private, to address pressing social and economic issues,” he wrote in a 2019 letter to CEOs. “These issues range from protecting the environment to retirement to gender and racial inequality, among others.”"
"Conspicuously absent from these priorities is maximizing their clients’ financial investments."
@balanvladut3696
December 19, 2023 at 9:21 pm
Imagine you put your life on the line for the next 4-5 years voting the best president and what not… best as in "they know how to do the big math to be better for you, and the whole council or "side-guys"… BUT ! They pay and ask the big guys with money for answers… like asking the smart guy in class to help cheat in the exams..
@skatee99
December 19, 2023 at 9:21 pm
Forget boycotting Target or Budwiser – the real demon here is BlackRock, Vanguard, ect. Educate yourself, these are the groups who force the companies to tow their lines. These rats in the shadows need to have the light put on them to expose them for what they are. It will be a HUGE uphill battle. Otherwise, 'regular' workers at Bud or Target lose their jobs when in reality, they had nothing to do with these high level, behind doors, backroom corporate pressures.
@NOC1TIME
December 19, 2023 at 9:21 pm
And we thougjt Sullavan and Cromwell was something
@lemmyrules4893
December 19, 2023 at 9:21 pm
People complaining about one company having too much power. If you really care make your own billion dollar corporation and use your influence for good. But complaining from the sidelines will never accomplish anything
@JohnnyJohansen-zn7oy
December 19, 2023 at 9:21 pm
Kjeltring
@user-zc7pj8po8z
December 19, 2023 at 9:21 pm
An excellent video lesson for every novice trader
@mdkamalhossain6027
December 19, 2023 at 9:21 pm
Who can provide me black rock company any public group link or email address for Contact
@burbankhills7571
December 19, 2023 at 9:21 pm
JUST LOOK ATTENTIVELY T THE FACE OF THAT L, FinK – CEO of ythat Comp., a REAL RAT's face, disgusting MONSTER
@bethaniegoodman7366
December 19, 2023 at 9:21 pm
Absolutely amazing way to make money without any troubles🍊
@piggybankbrazilian
December 19, 2023 at 9:21 pm
so curious! didnt know that
@aestheticyt8916
December 19, 2023 at 9:21 pm
Johnny Silverhand theme intensifies
@gogitapoilarashvili
December 19, 2023 at 9:21 pm
💯👍🇬🇪
@matthevandaalen6289
December 19, 2023 at 9:21 pm
GO GO Blackrock Bitcoin ETF
@praveeng9625
December 19, 2023 at 9:21 pm
We already know that you are not going to say anything negative about them as they own CNBC also.
@davidbastiaan1
December 19, 2023 at 9:21 pm
I have been exchanging for around a half year now and pretty much every exchange explosions and smacks me my face. Almost unthinkable for me to get in excess of a couple of focuses I attempt to do top down examination however it doesn't work for me . I share with myself, obviously I'm in the 90% that lose cash, so I open a demo account, do my examination, then take something contrary to what I would typically take and come by a similar outcome. I'm beginning to feel miserable, any guidance for a striving merchant?
@xrp1654
December 19, 2023 at 9:21 pm
xrp
@maricelaquino2656
December 19, 2023 at 9:21 pm
God bless 🙏
@joshbrian1906
December 19, 2023 at 9:21 pm
I've had a lot of losses trading on my own… I trade ok on demo but I think the real market is being manipulated… Can anyone help me or at least tell me what I'm doing wrong?
@gingerkilkus
December 19, 2023 at 9:21 pm
Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future. Making money is not the same as keeping it there is a reason why investments aren't well taught in schools, the examples you gave are well stationed, the market crisis gave me my first millions, people shy away from hard times, I embrace them.. well at least my advisor does lol.
@northernstar5339
December 19, 2023 at 9:21 pm
BlackRock I take it is involved with everything Government. They love Government files. They are the ones controlling every country and State . All your channels are owned by BlackRock and Vanguard. Then you have them snooping in peoples private information. How much do BlackRock own in your country. everything
@thejayvodlexperience7856
December 19, 2023 at 9:21 pm
"no more than a footnote"
@tommycrypto1324
December 19, 2023 at 9:21 pm
Sponsored by blackrock. Socially concious, concerned with climate change? Sounds more like an agenda to capitalise on. Trust them bro
@reynaldonitura3220
December 19, 2023 at 9:21 pm
As starting business in real estate your documentary seems to be just a dream running a business like BLackRock. Except miracle happen and I believe on it.
@dawsoncrump
December 19, 2023 at 9:21 pm
Bitcoin ETF coming soon! 👀
@snapduke
December 19, 2023 at 9:21 pm
Why do all corporations push the same global agendas on cue. You can ask Larry Fink and look into ESG that Elon was exposing to public.
@bobbydeee1362
December 19, 2023 at 9:21 pm
Not only that they also hold big Pharma & military Black Rock & Vanguard basically run the world!!
@user-bj3fh3wr7n
December 19, 2023 at 9:21 pm
Wow
@gmarte09
December 19, 2023 at 9:21 pm
Better being debt free
@DerickWilliam5643
December 19, 2023 at 9:21 pm
Thanks for the content. I am already on my way to success. Trade has been the main source of income, although I hardly do it.
@warrenwiechern345
December 19, 2023 at 9:21 pm
Yeah i know, No one ever Suspected
the involvement of Mossad in the Jeffrey Epstein Paedo Files, they are the Orchestraters who actioned the Distortion of America's High Profile Business people over their Sexual Deviant Acts on underage children!
@warrenwiechern345
December 19, 2023 at 9:21 pm
FACT NO FICTION,
Black Rock is a Brainchild of America's Rich Jewish Establishments alongside Israels Mossad with the Goal of Generating Cash to further their Quest in the Mid East!