Tag: $Blackrock

Blackstone’s $1 Trillion Triumph Is Muted by Deal Slowdown

Blackstone Inc. has become the first private equity firm to manage $1 trillion, an accomplishment tempered by a dealmaking slump that weighed on second-quarter results.

BlackRock beats second-quarter profit estimates on robust inflows

Markets have staged a comeback so far this year, braving the Federal Reserve’s rate hikes and a banking crisis that have raised risks of an economic downturn later in 2023.