MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Thursday, May 2, 2013 Fink Wants 300 Attorneys What do you call 300 lawyers in a New York City office building? It's not a joke, it's a hiring spree from BlackRock [profile]! CEO Larry Fink said that his mutual fund shop plans on hiring 300 attorneys to deal with regulatory issues, according to a report from Reuters. This is because of varying regulations around the globe, Fink said at a conference. "There is no consistent manner in which bank resolution will be applied," he said, according to Reuters "It is a mess and we are trying to constructively work with our regulators ... There is a need for better global coordinated regulations." Fore more details, check out the original article here. Printed from: MFWire.com/story.asp?s=43767 Copyright 2013, InvestmentWires, Inc. All Rights Reserved |