The Wall Street firm’s revenue rose 18% above 2019’s fourth-quarter level as it benefited from a relatively small loan book and heavy exposure to underwriting and trading securities.
Read More »BlackRock's Third-Quarter Profit Climbed on Steady Inflows, Higher Fee Revenue
Money-management giant BlackRock Inc.’s quarterly profit rose 22% as investors turned to many of its funds to quickly get into markets as well as try to beat them.
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