NEW YORK -- BlackRock is giving its new Asia-Pacific head more power under a management reshuffle announced internally Tuesday as the U.S. firm eyes further expansion in China and the broader region.
Business
BlackRock shifts power to Asia chief in regional push
Wall Street giant keen on Chinese expansion in regulatory opening
BlackRock, hungry for growth outside its home market of the U.S., is devolving more responsibility to leaders in the Asia-Pacific region and elsewhere. © Reuters
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