NEW YORK -- Major U.S. financial institutions helped steer billions of dollars into Chinese companies blacklisted for their association with China's military or alleged human rights abuses, a congressional committee investigation has found.
BlackRock and MSCI focus of congressional panel investigation

Wall Street financial institutions, including BlackRock, have steered billions of dollars into blacklisted Chinese companies via index funds, according to a congressional probe. © Reuters
NEW YORK -- Major U.S. financial institutions helped steer billions of dollars into Chinese companies blacklisted for their association with China's military or alleged human rights abuses, a congressional committee investigation has found.