BlackRock, the asset manager poised to become the world’s largest money manager with $3,000bn under management, is preparing to create its own global trading platform – a move that could challenge the business at the heart of many Wall Street groups. BlackRock plans to develop a “new world-class global trading platform across the firm”, according to an internal memo seen by The FT.
By editor Sep 12, 2009, 6:43 PM
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