Home / Business / BlackRock#39;s top shareholder to divest entire stake worth $17 billion

BlackRock#39;s top shareholder to divest entire stake worth $17 billion


BlackRock#39;s top shareholder to divest entire stake worth $17 billion The coronavirus downturn has hit the Pittsburgh-based lender hard. It reported a 28 percent fall in net income for the first quarter, as loan-loss provisions increased almost fivefold to $914 million.