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Retail FX
BlackRock, State Street Sued by Texas Over Alleged ESG Market Disruption
2024-12-02T14:57:17.224+02:00
The lawsuit, which also targeted Vanguard, alleged that the firms used their influence to cut coal production, resulting in higher energy costs.
BlackRock and State Street have dismissed the allegations, with BlackRock describing the lawsuit as baseless.
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Jared Kirui
Executive Moves
Vanguard’s Incoming CEO Is BlackRock’s Former Crypto-Friendly Executive
2024-05-15T08:47:24.512+02:00
Salim Ramji will take over as the CEO of Vanguard on 8 July.
He wants “to lead the company into the future.”
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Retail FX
Dirty Truth of Clean Investments: ASIC Triumphs in Historic Greenwashing Case
2024-03-28T10:10:50.833+02:00
Vanguard admits to misleading investors about ESG screens in its billion-dollar fund.
It marks ASIC's first victory in combating misleading ESG claims.
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Executives
Vanguard’s CEO Tim Buckley Bows Out after 33 Years; Greg Davis Appointed President
2024-03-01T14:43:42.862+02:00
Davis assumes the position of President alongside his role as the Chief Investment Officer.
Under Buckley's leadership, Vanguard expanded its client base by over 80%.
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