The departure announcements of possible CEO successors at both BlackRock and JPMorgan Chase are the latest reminders that CEO transitions are anything but simple, experts say, especially when it comes to the world’s top finance jobs.

JPMorgan Chase, Bank of America, Citi, Goldman Sachs, Morgan Stanley and BlackRock were all asked about how they plan to implement or have implemented hiring or supplier diversity goals.

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.

The state's attorney general warned Goldman, JPMorgan, BlackRock, and other heavyweights of possible legal consequences to their diversity policies.

Their exit follows a wave of similar decisions from other major banking institutions, including Morgan Stanley, Citigroup, Bank of America, Goldman Sachs, and Wells Fargo, in recent weeks. These departures make a significant retreat from the extreme climate agenda, driven in large part by the implementation of anti-ESG policies nationwide.

One of the most widely discussed topics on Wall Street over the years has been the question of who will succeed Jamie Dimon as CEO of JPMorgan Chase, a role he has held for nearly two decades. Last week,

Texas and nine other Republican-led states are ratcheting up pressure on Wall Street’s diversity programs, asking firms about their policies on hiring and supplier selections as the Trump administration moves to gut DEI.

Sanctuary Advisors LLC bought a new position in shares of BlackRock Taxable Municipal Bond Trust in the third quarter worth about $239,000. Finally, JPMorgan Chase & Co. acquired a new stake in ...

Several large U.S. financial institutions, including the Federal Reserve, have withdrawn from the networks after years of growing political and legal pressure.

BlackRock is tired of being lumped in with MicroStrategy when it comes to Bitcoin. The asset management titan wants the world to know it’s playing a different game.

There is a lot of news driving the market action Wednesday morning. Investors are digesting the December Consumer Price Index (CPI) report, especially given the Federal Reserve’s concerns about inflation being stubborn.

XRP Ledger’s native decentralized exchange (DEX) has clocked $400 million in swap volume in January, averaging approximately $17 million per day, Ripple CEO Brad Garlinghouse said on Jan. 28. The DEX has handled upward of $1 billion in cryptocurrency swaps since launching in 2024,