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Bank regulator gives BlackRock new deadline on bank stakes, Bloomberg reports

By Thomson Reuters Jan 12, 2025 | 11:29 AM

(Reuters) – The Federal Deposit Insurance Corporation gave a fresh deadline of Feb. 10 to BlackRock to resolve an issue regarding oversight into the firm’s stock in banks, Bloomberg News reported on Sunday, citing three people with knowledge of the matter.

(Reporting by Gnaneshwar Rajan in Bengaluru)