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Stephanie Epstein, Managing Director, Global Head of Models Infrastructure at BlackRock talked with Gemma Postlethwaite, CEO of Arizent in the early days of the Covid-19 crisis about purpose-led workforce management and how the crisis may have lessons for leadership in supporting the needs of diverse teams.July 31
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Flush with capital from the sale of its stake in BlackRock, PNC is willing to go big on an acquisition but would be wary of buying a bank with a heavy concentration of consumer loans, CEO William Demchak said.June 9
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The Pittsburgh company’s sale of its stake in the asset manager yielded billions of dollars that could cushion the pandemic’s economic blow and eventually help fund a big acquisition.May 15
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The Pittsburgh company has owned a 22% position in the money manager since 1995.May 11
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Firm “hopes to crowdsource new uses for” its pricing and analysis system; the system could be put on a device and used anywhere to cut down on fraud.April 3
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Housing and auto sales are just the first sectors to feel pain from rising rates; BlackRock may have identified its next CEO.January 10
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Jonathan Gould, the committee's chief counsel, has been hired by the Office of the Comptroller of the Currency as senior deputy comptroller and chief counsel.December 26
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The digital customer experience is getting better. Firms should take notice.December 7
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The money manager plans a big expansion in Atlanta; agency makes now rare determination that debt-collection practices were “abusive.”October 26
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Financial firms need to focus developer teams on creating products, not fixing legacy IT issues and bad code.September 7