Wednesday, 14 May 2025

Focus on State Street Corporation

FILE PHOTO: A specialist trader works at the post where BlackRock is traded on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 21, 2022.  REUTERS/Brendan McDermid/File Photo
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US House panel finds BlackRock, other asset managers leery of joining climate initiative

U.S. asset managers avoided climate initiatives fearing regulatory scrutiny, as GOP alleges a "climate cartel" collusion scheme.

FILE PHOTO: The logo for Vanguard is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., June 1, 2022.  REUTERS/Brendan McDermid/File Photo
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BlackRock, Vanguard, State Street sued by Republican states over climate push

Wednesday's complaint filed in the federal court in Tyler, Texas, is among the highest profile lawsuits targeting efforts to promote ESG.

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