U.S. regulators probe role of asset managers in banks

U.S. regulators probe role of asset managers in banks - WSJ

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U.S. regulators probe role of asset managers in banks - WSJ

Apr 2, 2024 3:06 AM

April 2 (Reuters) - Banking regulators are probing if

asset management giants BlackRock ( BLK ), Vanguard and State

Street are sticking to their passive roles when it comes

to investments in U.S. banks, the Wall Street Journal reported

on Tuesday.

(Reporting by Niket Nishant in Bengaluru; Editing by Arun

Koyyur)

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