BlackRock has promoted iShares' EMEA head Rachel Lord as head of Europe, Middle East and Africe (EMEA) for the whole firm, replacing David Blumer who will become head of BlackRock's alternatives wing.
In an internal note, BlackRock's chairman and CEO Larry Fink and President Rob Kapito announced big changes in the firm with Lord also being appointed to the firm's global executive committee. She has...
December 'remains achievable'
Able to monetise its assets
Formal agreement set to be announced soon
Cash holdings continue to grow