|Day's range||202.80 - 202.80|
BlackRock (BLK) closed at $643.56 in the latest trading session, marking a +1.08% move from the prior day.
The takeover of its local rival could end up being a generational boon for UBS. But the government-orchestrated deal has angered many investors
One scoop to start: Billionaire trader Chris Rokos and Goldman Sachs are among big-name investors that have been hit hard in the market upheaval following the collapse of Silicon Valley Bank. BlackRock has emerged as a behind-the-scenes protagonist in the saga of Silicon Valley Bank, the California-based lender whose failure helped spark a banking crisis. The world’s largest asset manager warned SVB that its risk controls were “substantially below” its peers in early 2022, revealed by my colleagues Antoine Gara and Brooke Masters in New York.