HFA Icon

Blackrock (BLK) Seeks To Remove Investment Banks From Equation

HFA Padded
HFA Staff
Published on
Updated on
Sign up for our E-mail List and Get FREE Access to Exclusive Investment E-books and More!

Blackrock (BLK) Seeks To Remove Investment Banks From Equation

Blackrock Inc. (NYSE:BLK) is continuing its move to be more than just a profit making companyand using its power in the market to influence the way investment works today. The firm announced plans to introduce a new trading platform that will allow investors to invest in bonds without having to go through an investment bank.

The company released the information today and it was reported by the Bloomberg earlier today. The new system may be a sign of bigger things to come from the Wall Street company.

The move has...

Login required to continue reading.

Setup a free account to get access to this article (no credit card required).

View Full Article
Already a member? Log in here
HFA Padded

The post above is drafted by the collaboration of the Hedge Fund Alpha Team.