Laurence D Fink Net Worth is269.7 $Million
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Birth Name: Laurence Douglas Fink
Death Date:
Nationality: United States
Known For: Financial risk management
Alma Mater: University of California, Los Angeles , UCLA Anderson School of Management
Occupation: CEO of BlackRock
Laurence Douglas "Larry" Fink (born 1952) is the chairman and chief executive officer of BlackRock, an American multinational investment management corporation. BlackRock is the largest money-management firm in the world.
Larry Fink grew up in a Jewish family[citation needed] in Van Nuys, California, where his mother was an English professor, and his father owned a shoe store. He earned a BA in political science from the University of California, Los Angeles (UCLA) in 1974. He then received an MBA at the UCLA Anderson School of Management (then known as the UCLA Graduate School of Management) in 1976.
Fink started his career in 1976 at First Boston, a large New York-based investment bank. Eventually taking charge of First Boston's bond department, Fink was instrumental in the creation and development of the mortgage-backed security market in the United States. At First Boston, Fink was a member of the Management Committee, a Managing Director, and co-head of the Taxable Fixed Income Division; he also started the Financial Futures and Options Department, and headed the Mortgage and Real Estate Products Group.
Fink added as much as $1 billion to First Bostona??s bottom line, and was successful at the bank up until 1986, when his department lost $100 million due to his incorrect prediction about where interest rates were headed. Fink learned from this experience to more fully understand the risks, and he decided to start a company that would not merely invest clients' money, but would provide sophisticated risk management as well.
In 1988, Fink co-founded BlackRock under the corporate umbrella of The Blackstone Group, and became a Director and CEO of BlackRock. When BlackRock split from Blackstone in 1994, Fink retained his positions (as Director and CEO), which he continued to hold after BlackRock became a more independent corporate entity in 1998. His other positions at the company have included Chairman of the Board, Chairman of the Executive and Leaders

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Laurence D Fink Latest News

Benton County court news

Fink, Center Point, non-payment for products and services ... Farmers Savings Bank & Trust, Vinton v. James Larry Schoenfelder, Van Horne, credit card debt collection. LVNV Funding, Plymouth, Minnesota v. Susan Runde, Atkins, non-payment per terms of ...
Posted: May 13, 2018, 10:31 pm

Larry Fink: A flattening yield curve doesn't worry me

BlackRock CEO Larry Fink is not concerned about the flattening yield curve or ... he doesn’t see recession probabilities are particularly high right now. Additionally, we’d note that this week the 10-year Treasury yield has made new seven-year highs ...
Posted: May 17, 2018, 12:24 pm

raceAhead: BlackRock on Building An Inclusive Company

BlackRock is the world’s biggest asset manager, overseeing some $6.3 trillion in client money. So, when Laurence D. Fink, BlackRock’s founder and CEO, wrote a letter to the chief executives of the largest publicly traded companies last January asking ...
Posted: May 17, 2018, 1:37 pm
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