Friday April 19, 2024 | Last Update: April 19, 2024 EDT
BlackRock, Inc. has announced in a press release that it has agreed for Bank of America Global Capital Management to transfer its investment management responsibilities of approximately $87 billion of assets under management to BlackRock. The transaction combines BlackRock’s expertise in global cash management and product suite with BofA Global Capital Management’s strength in client relationships.
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BlackRock, Inc. has announced that it will be acquiring FutureAdvisor, a leading digital wealth management company, according to a press release issued by BlackRock.
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