Mark Wiseman, global head of active equities at BlackRock Inc , is leaving the f...
), is leaving the firm following a violation of the company’s “relationships at work policy,” the world’s largest asset manager said in an internal memo on Thursday.
“When the firm becomes aware of a breach of policy or conduct that is not in line with our values, we move quickly and decisively to address it,” Fink and BlackRock President Rob Kapito said in the memo, which was reviewed by Reuters. Wiseman’s conduct had no impact on any portfolios or client activities, the first memo said. BlackRock’s active equity unit had about $290 billion in assets at the end of June.
BlackRock hired Wiseman and his wife Marcia Moffat in recent years. Wiseman joined in May 2016 from the Canada Pension Plan Investment Board, where he served as chief executive, while Moffat joined BlackRock from RBC in July 2015 to head the asset manager’s Canadian operations.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Stocks rally on renewed trade talk optimism, yields riseGovernment debt yields and a gauge of global equity markets rose on Wednesday as...
Leer más »
Corporate Tax Chiefs Voice Concerns About Global Minimum Tax ProposalExecutives at international companies chimed in on an Organization for Economic Cooperation and Development proposal that would introduce a global minimum tax and could result in higher tax payments for some companies.
Leer más »
A top BlackRock exec was fired after having a relationship with a subordinate'I engaged in a consensual relationship with one of our colleagues,' said Mark Wiseman, who had been touted as a potential successor to CEO Larry Fink.
Leer más »
Amazon's best Cyber Monday deals that are still active — starting as low as $14Want a second chance? Here are Amazon's best Cyber Monday deals that are still active — starting as low as $14
Leer más »
Arianna Huffington’s Thrive Global Gets First Chief Customer OfficerHuffington’s growing tech-meets-wellness company is filling out its c-suite with a veteran operator of a public company.
Leer más »