BlackRock Inc. is tapping into a fast-growing corner of the options-powered ETF world with an offering aimed at Wall Street investors bracing for the S&P 500 to tread water.

BlackRock , the world's biggest asset manager, said on Thursday it will leave the Net Zero Asset Managers Initiative, the latest Wall Street firm to depart an environmentally focused investor group under pressure from Republican politicians.

The world’s largest asset manager is latest Wall Street firm to quit climate groups.

BlackRock Inc. is parting ways with one of the world’s biggest climate-investor groups after being targeted by Republican politicians for its efforts on global warming.

Red State treasurers still look at BlackRock’s CEO Larry Fink with skepticism, but these days less so, and they’ve largely stopped castigating him as a woke monster.

BlackRock, the world’s biggest asset manager, is the latest financial firm to back out of a voluntary climate initiative it joined just a few years ago.

BlackRock reported fourth-quarter earnings per share of $10.63. On an adjusted basis, per-share earnings of $11.93 topped analysts’ forecasts of $11.24. The world’s largest asset manager reported net income of $1.

BlackRock (BLK – Research Report), the Financial sector company, was revisited by a Wall Street analyst today. Analyst Michael Cyprys from

The nation’s largest investment manager is leaving the Net Zero Asset Managers initiative, joining a broader financial institution exodus from high-profile climate alliances.

BlackRock and JPMorgan Chase are two of the most closely watched succession sagas on Wall Street. With full-year earnings looming, the world’s largest asset manager and largest bank were both roiled by major changes to their long-term succession planning on Tuesday.

There are three market triggers that could cause BlackRock to flip its investment strategy, the asset manager said in a note on Monday.