BlackRock news from FierceFinanceIT

BlackRock is one of the few financial firms--on the buy-side or the sell-side--that has been able to burnish its reputation through the credit crunch. It's now the world's largest asset management... Read more...

Does the CME Group have a chance in the nascent CDS clearing market? It certainly remains the underdog. The IntercontinentalExchange, known as ICE, has leaped out of the gate to a big advantage. It... Read more...

This is hardly surprising. The CME Group and Citadel have abandoned their plans for a credit default swaps exchange services. Clearly, the big Wall Street dealers that dominate the CDS order flow... Read more...

As it so often does, technology integration just might determine the success or failure of BlackRock's $13.5 billion deal for BGI. The deal will make BlackRock the largest asset manager in the world,... Read more...