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MutualFundWire.com
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Thursday, November 11, 2010 Will Another Bank Hook Up With BlackRock? Even as Bank of America and PNC cut their stakes in BlackRock [see profile], another bank may build new ties to the mutual fund firm. Pensions & Investments' Douglas Appell reports that Tokyo-based Mizuho Financial Group plans to shell out $500 million to buy a two percent stake "with plans to deepen an existing partnership between the two firms. Printed from: MFWire.com/story.asp?s=34014 Copyright 2010, InvestmentWires, Inc. All Rights Reserved |