The Federal Reserve Board will enlist six major U.S. banks in a pilot climate-risk analysis program, officials announced Thursday. Bank of America, Citigroup, Goldman Sachs, JPMorgan Chase, Morgan Stanley, and Wells Fargo will participate in the pilot as part of the Federal Reserve’s attempt to determine the financial risk associated with natural disasters and climate change. The…
Morgan Stanley (NYSE:MS) price on Friday, September 30, rose 0.93% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $80.60. A look at the stock’s price movement, the level at last check in today’s session was $79.86, moving within a range at $79.03 and $81.03. The beta value … Morgan Stanley (MS): Is It Worth A Small Bite At $80.60? Read More »
Following is the unofficial transcript of a CNBC exclusive interview with Morgan Stanley (NYSE:MS) Chairman & CEO James Gorman on CNBC’s “Mad Money” (M-F, 6PM-7PM ET) today, Thursday, September 29. Interview With Morgan Stanley CEO James Gorman Part I JIM CRAMER: Ever since James Gorman took over in 2010, Morgan Stanley’s stock is up more […]
Bank of America (BAC), Citigroup (C), Goldman Sachs (GS), JPMorgan Chase (JPM), Morgan Stanley (MS) and Wells Fargo (WFC) have participated in the Federal Reserve Board''s pilot program…
Marc Andreessen messaged Elon Musk directly about investing in the Twitter takeover in April. Within two weeks, Andreessen''s firm had pledged $400 million to the deal. Earlier this week, Twitter''s legal team published several texts between Musk and investors amid the court battle. Private messages between Elon Musk and billionaire investor Marc Andreessen highlight the simplicity of investing as one of Silicon Valley''s top venture capitalists — especially when you''re friends with the richest man in the world. In April, Andreessen sent Musk a Signal message offering to become a co-investor in his deal to purchase Twitter for $44 billion. The message was first revealed in a court filing in Twitter''s lawsuit against the billionaire as a part of its efforts to force Musk to buy the company after he tried to walk away from the deal earlier this year. "If you are considering equity partners, my growth fund is in for $250M[illion] with no additional work required," Andreessen wrote, per a screenshot of the messages. "Thanks!
Sometimes, Wall Street needs a cull. One such moment arrived seven years ago, when firms like Morgan Stanley and Goldman Sachs faced up to the realization that trading fixed-income securities was not the money-spinner it had been in the past. Heads rolled. Now big banks are bracing for another big adjustment, as the surge in revenue created by two years of wonky markets and exuberant dealmaking comes to an end. This time the cuts are likely to be shallower, but still traumatic.
WASHINGTON, Sept 29 (Reuters) – The Federal Reserve announced Thursday that six of the nation’s largest banks would participate in a pilot climate scenario analysis exercise in 2023. Bank of America, Citigroup, Goldman Sachs , JPMorgan Chase, Morgan Stanley and Wells Fargo will undergo the exercise, which the Fed said will not have capital or […]
SAN FRANCISCO and INDIANAPOLIS , Sept. 28, 2022 /PRNewswire/ -- Prologis, Inc. (NYSE: PLD ) ("Prologis") and Duke Realty Corporation (NYSE: DRE ) ("Duke Realty") today announced that Prologis stockholders and Duke Realty shareholders have voted, separately, to approve the proposed merger at their respective special meetings held virtually today, September 28, 2022 . According to the results of the Prologis Special Meeting of Stockholders, more than 99 percent of votes cast at the meeting – approximately 87 percent of the outstanding shares of Prologis common stock as of the record date – were voted in favor of the issuance of Prologis common stock in connection with the merger. The final voting results of the Prologis Special Meeting will be filed as part of a Form 8-K with the U.S. Securities and Exchange Commission. According to the results of the Duke Realty Special Meeting of Shareholders, more than 99 percent of votes cast at the meeting – approximately 85 percent of the outstanding shares of Duke Realty common stock as of the record date – were voted in favor of approving the merger agreement and the transactions contemplated thereby, including the merger.
GMR Airports has raised ₹1,110 crore from JPMorgan Securities and Morgan Stanley India Primary Dealer Pvt Ltd to make timely payments on bonds due on September 24, said several persons aware of the development. GMR Airports had a ₹1,330-crore payment due on September 24 to DB International, Standard Chartered Bank and Aditya Birla Special Situation Fund. It raised two-year bonds at 12.13% through private placement of bonds on September 22 to repay the trio.GMR Airports, which operates Delhi and Hyderabad airports, paid entire dues to DB International and Aditya Birla Capital, but part payment was made to Standard Chartered Bank, as reported by ET on September 17. On September 22, it raised ₹795 crore from JP Morgan Securities and ₹315 crore from Morgan Stanley India Primary Dealer through private placement of bonds, the people said.Financial covenants of the bond documents stipulate that the indebtedness of Delhi International Airport (DIAL) cannot exceed $1.94 billion and that of GMR Hyderabad International Airport (GHIAL) cannot exceed $1.75 billion until the new bonds are redeemed.
Morgan Stanley (MS)’s stock is trading at $81.27 at the moment marking a rise of 2.25% from the last session close. As of this writing, shares are priced at -25.94% less than their 52-week high of $109.73, and 12.79% over their 52-week low of $72.05. Based on the past 30-day period, the stock price is […]
With precious metals prices continuing to move inversely to interest rates, some investors would say that the best precious metals stocks to own right now are none of them. If you view precious metals strictly through the lens of gold and silver, I can’t blame you. As inflation soared, gold and silver did not hold up their end of the bargain. And with interest rates rising, a stronger dollar is taking out another reason to own precious metals. But the precious metals sector is broader than gold and silver. And that’s where the opportunity comes in. Many of these metals are essential to manufacturing the products that will transform our economy. These sectors haven’t been immune from supply chain difficulties, and that has made it a choppy year for precious metals stocks. But according to 360 Research Reports, the demand for precious metals is expected to grow at a compound annual growth rate (CAGR) of 2.5% between now and 2028. And I don’t want to forget about gold. According to ResearchandMarkets.com , the global gold mining market is forecast to grow at a compound annual growth rate (CAGR) of 3.1% from now through 2026.
The Securities and Exchange Commission today announced charges against 15 broker-dealers and one affiliated investment adviser for widespread and longstanding failures by the firms and their employees to maintain and preserve electronic communications. The firms admitted the facts set forth in their respective SEC orders, acknowledged that their conduct violated recordkeeping provisions of the federal securities laws, agreed to pay combined penalties of more than $1.1 billion, and have begun implementing improvements to their compliance policies and procedures to settle these matters. The following eight firms (and five affiliates) have agreed to pay penalties of $125 million each: Barclays Capital Inc.; BofA Securities Inc. together with Merrill Lynch, Pierce, Fenner & Smith Inc.; Citigroup Global Markets Inc.; Credit Suisse Securities (USA) LLC; Deutsche Bank Securities Inc. together with DWS Distributors Inc. and DWS Investment Management Americas, Inc.; Goldman Sachs & Co. LLC; Morgan Stanley & Co.
The U.S. Securities and Exchange Commission on Tuesday fined 16 financial firms, including Barclays, Bank of America, Citigroup, Credit Suisse, Goldman Sachs, Morgan Stanley and UBS, a combined $1.1 billion over failing to maintain and preserve electronic communications. The sweeping industry probe, which was first reported by Reuters last year and had since been disclosed […]
The involved firms include some of the biggest names in the financial services and wealth management space, including BoA, Citigroup, Morgan Stanley and UBS.
(Reuters) – The U.S. Securities and Exchange Commission on Tuesday fined 15 broker-dealers and one investment adviser, including Barclays, Bank of America, Citigroup, Credit Suisse, Goldman Sachs, Morgan Stanley and UBS, a combined $1.1 billion over failing to maintain and preserve electronic communications.
The U.S. Securities and Exchange Commission on Tuesday fined 15 broker-dealers and one investment adviser, including Barclays, Bank of America, Citigroup, Credit Suisse, Goldman Sachs, Morgan Stanley and UBS, a combined $1.1 billion over failing to maintain and preserve electronic communications.
Wall Street Banks Facing $2 Billion Settlement For Failing To Monitor WhatsApp Use US Regulators are set to announce a massive settlement with Wall Street firms which failed to monitor employees using unauthorized messaging apps, sch as WhatsApp. According to Bloomberg , the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) could release the results of the investigation as soon as Wednesday, and fines of around $2 billion , according to a person with knowledge of the matter, along with a Bloomberg analysis of disclosures made by the world''s largest banks. The massive penalties come nearly a year after JPMorgan agreed to pay $200 million in fines to both regulators to settle charges that it''s Wall Street division allowed employees use WhatsApp and other platforms to circumvent federal record-keeping laws. The bank admitted to "widespread" record-keeping failures In July, Morgan Stanley admitted that it was nearing a settlement that would see it pay a $200 million fine - a figure that other large banks with similar lapses are also expected to pay.
Investors, including those who own green energy stocks, have myriad reasons to be bearish currently. Inflation remains high, with the year-over-year CPI registering 8.3% in August. The Fed responded as expected, raising interest rates by 0.75 percentage points, or 75 basis points, on Sept. 21. That rate increase, the central bank’s third straight 75 basis-point hike, has resulted in the market taking yet another downturn. The S&P 500 dipped to 3,670 on Sept. 22. That is less than 100 points off its 2022 low of 3,667 which was set on June 16. In short, there are many valid reasons to be wary of stocks. However, forward-looking investors would be wise to recognize the opportunities that exist. One such opportunity is the projected growth of green energy and renewable energy. Polaris Market Research estimated earlier this year that the revenue of the global renewable energy market would reach $1.68 trillion by 2029. That equates to an average annual growth rate of 8.5% , suggesting that the sector will provide investors with serious opportunities despite the market’s current woes.
Wednesday marks the last chance for investors to receive the next dividend payout from Morgan Stanley Emerg Mkts (NYSE: MSD ). What''s Happening The company announced on Tuesday that it would pay shareholders a quarterly dividend of 12 cents per share. On Thursday, Morgan Stanley Emerg Mkts will go ex-dividend, meaning the stock will trade lower to reflect … Full story available on Benzinga.com
Barclays Requiring Investment Bankers To Return To Office "At Least" Four Days A Week Barclays has been the latest investment bank falling in line with the others and requiring its investment bankers, who have been working from home since the pandemic, to return to the office for "at least" four days a week. The bank has been telling its employees that "worsening market conditions mean a greater need for in-person collaboration," Bloomberg reported this week . The company is implementing the new policy effective October 3. It''ll expect that its principle dealmakers are in the office from Monday through Thursday, according to a memo sent to staff and reviewed by Bloomberg. The memo, written by the Investment Banking Management Team, says: “This approach will provide for all of us a more optimal environment in which we can collaborate on compelling client pitches and execution of live deals.” The memo stresses that the move is crucial in “tougher market environments like the current part of the cycle where proactive engagement and thought-provoking content is most important for our clients.” The bank hasn''t completely given up on its hybrid model, however.
APD is one of the global leaders when it comes to investments in hydrogen. See why I agree with MS as APD stock is one of the best dividend stocks to own.
Call it banking-as-a-service. The rise in deals done by private equity firms, accounting for $553 billion of M&A so far in 2022, per Refinitiv, generates lucrative fees for investment banks like Goldman Sachs and Morgan Stanley . But that isn’t just from one deal. The nature of the buyout business means there are asset flips, equity offerings, follow-ons, and recapitalizations that all generate recurring fees. That depends on healthy capital markets, but amid debt-market snafus and falling equity values, this could be another subscription-like business wounded by the downturn.
Morgan Stanley (MS)’s stock has witnessed a price declined of -1.73% from the previous close with its current price standing at $84.87. Its current price is -22.66% under its 52-week high of $109.73 and 17.79% more than its 52-week low of $72.05. Based on the past 30-day period, the stock price is -6.29% below the […]
The U.S. Securities and Exchange Commission has fined Morgan Stanley Smith Barney (MSSB) $35 million. The fine is because it did not keep the personal … The post Morgan Stanley was fined $35 million for failing to protect user information appeared first on Gizchina.com .
Morgan Stanley has agreed to pay a $35 million fine to the Securities and Exchange Commission (SEC) for disclosing the private information of millions of clients, the SEC stated on Tuesday. The Morgan Stanley Smith Barney wealth management division was cited by the SEC for its “extensive failings” during a five-year period. Particularly, it is […] The post Morgan Stanley to Pay $35M Penalty for Exposing Information of Millions of Customers appeared first on ITSecurityWire .
On CNBC’s “ Halftime Report Final Trades ,” Jason Snipe of Odyssey Capital Advisors chose AutoZone Inc (NYSE: AZO ), saying there was a “nice beat on the top and bottom line, comps are up 6.2%.” Bryn Talkington of Requisite Capital Management recommended buying Devon Energy Corp (NYSE: Full story available on Benzinga.com
According to the SEC''s complaint, Morgan Stanley auctioned off roughly 1,000 unencrypted HDDs that had not had their contents erased. It also claims that the company improperly disposed of thousands of hard drives and backup magnetic media, exposing the data of more than 15 million Morgan Stanley customers. Officials called…
Stocks spent most of Wednesday in positive territory, but went on a roller-coaster ride after the Federal Reserve, as expected, issued its third straight 75 basis point rate hike. SEE MORE Hedge Funds'' 21 Top Blue-Chip Stocks to Buy Now The Fed''s rate hike sparked plenty of chatter among Wall Street''s experts, with the main focus on what the central bank plans to do next. Today''s move brought the Fed''s benchmark federal funds rate to between 3.0% and 3.25%, with projections from the 19 voting members of the Federal Open Market Committee (FOMC) targeting a range of 4.25% and 4.5% by year''s end – a half-percentage point higher than where it was in June. Doing the math, that means rates need to rise another 1.25% over the central bank''s remaining two meetings (in November and December). "Today we heard and saw more of the same, and the market shouldn''t be too surprised given the Fed and its officials telegraphed that more big hikes were in the cards for the foreseeable future," says Mike Loewengart, head of model portfolio construction at Morgan Stanley. "The market seems to have hoped beyond hope that they would hear some reference to an end to rate hikes on the horizon, but that''s certainly not what we got today." Sign up for Kiplinger''s FREE Investing Weekly e-letter for stock, ETF and mutual fund recommendations, and other investing advice.
Morgan Stanley analyst Dara Mohsenian reiterated an Overweight rating on the shares of elf Beauty Inc (NYSE: ELF ) and raised the price target to $46 from $42, implying a 14% upside. ELF remains the analyst''s preferred SMID cap pick, with recent U.S. scanner data confirming potential fundamental upside near-term and driving higher estimates/price target. ELF momentum is being driven by its market share gains, which are accelerating as it implemented … Full story available on Benzinga.com
[Editor’s note: “Hydrogen Fuel Gives Rise to an $11 Trillion Revolution ” was previously published in May 2022 . It has since been updated to include the most relevant information available.] The best investments — with the potential to mint millionaires — are often found in places where most aren’t looking. Follow that thread of logic, and you’ll find that the next generation of millionaire-maker stocks lies in hydrogen power . Now, it’s not lost on me that hydrogen has been touted as a viable clean energy source since the 1970s. I’m well-aware of its back story. Yet, since then, despite all the predictions, it hasn’t been used to do much of anything in the energy sector. For the hydrogen power economy, the past 50 years have been characterized by false starts. I know the disappointing history there, as does the market. That’s why hydrogen stocks don’t get as much love from investors as solar, wind, or electric vehicle stocks. But this is a huge mistake . Despite its stop-and-go history, hydrogen power is starting to live up to its decades-old promise.
Credit Suisse raised the price target on Morgan Stanley (NYSE: MS ) from $95 to $97. Credit Suisse analyst Susan Roth Katzke maintained the stock with an Outperform rating. Morgan Stanley shares rose 1.2% to $88.20 in pre-market trading. Citigroup boosted Marathon Oil Corporation (NYSE: MRO ) price target from $24 to $27. Citigroup analyst Scott Gruber maintained the stock with a Neutral. Marathon Oil shares rose 2% to $26.28 in … Full story available on Benzinga.com
Major Wall Street banks have threatened to leave United Nations climate envoy Mark Carney’s financial alliance over legal risks, the Financial Times reported on Wednesday, citing several people involved in internal talks. Morgan Stanley, JPMorgan, Bank of America and Spanish bank Santander are among the banks that are weighing an exit as they fear being […]
Wall Street bank lost dozens of servers while swapping out old computer equipment, according to federal regulators.
Morgan Stanley (NYSE: MS ) has outperformed the market over the past 10 years by 7.71% on an annualized basis producing an average annual return of 17.95%. Currently, Morgan Stanley has a market capitalization of $148.49 billion. Buying $1000 In MS: If … Full story available on Benzinga.com
A Morgan Stanley unit has agreed to pay $35 million to settle U.S. Securities and Exchange Commission charges it repeatedly failed to safeguard personal information for millions of customers, the regulator said Tuesday.
FREYR Battery (FEYR) is one of the companies that stood out to Morgan Stanley at the firm''s 10th Annual Laguna Conference. Read more.
New Jersey, USA -- ( SBWIRE ) -- 09/19/2022 -- The latest study released on the Global Merchant Banking Service Market by AMA Research evaluates market size, trend, and forecast to 2027. The Merchant Banking Service market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors. Download Sample Report PDF (Including Full TOC, Table & Figures) @ https://www.advancemarketanalytics.com/sample-report/169064-global-merchant-banking-service-market#utm_source=SBWire/Javin Key Players in This Report Include: UBS Group (Switzerland), Bank of America Corporation, Deutsche Bank AG (Germany), Morgan Stanley (United States), Citigroup Inc. (United States), Wells Fargo & Company, DBS Bank (Singapore), JPMorgan Chase & Co. (United States), Goldman Sachs Group, Inc. (United States), Credit Suisse Group (Switzerland) Definition: The rise in business expansion across the globe will help to boost the global demand of the Merchant Banking Service market in the forecasted period.
SINGAPORE (Reuters) – U.S. investment bank Raine Group has tapped Jonathan Pflug, Morgan Stanley’s head of Southeast Asia M&A, to lead its coverage in Southeast Asia, two sources familiar with the matter said on Monday.
In the current trading session, Morgan Stanley’s (MS) stock is trading at the price of $87.03, a fall of -1.39% over last night’s close. So, the stock is trading at a price that is -20.69% less than its 52-week high of $109.73 and 20.79% better than its 52-week low of $72.05. Based on the past […]
Yesterday, General Electric (NYSE: GE ) CFO Carolina Dybeck Happe issued comments and projections that might be considered warnings for current and prospective investors. First of all, Happe noted the magnitude of General Electric’s supply chain issues. Furthermore, she cautioned that the industrial conglomerate’s cash flow “is expected to be under pressure,” as Reuters reported. GE stock declined 5% early today as traders considered the CFO’s commentary. Supply chain bottlenecks can have a negative impact on customer satisfaction — there’s no denying it. In the case of General Electric, Happe observed supply chain woes have made it more difficult for the company to deliver its products to the customers on time. The CFO made this and other observations at a Morgan Stanley conference yesterday. The data supports her points, as supply chain and macroeconomic issues deducted 5% from General Electric’s second-quarter revenue. It’s possible supply chain disruptions are taking a toll on General Electric’s cash flows, as well.
Alcoa (AA), Teck Resources (TECK) and Nexa Resources (NEXA) late Thursday were upgraded to Overweight by analysts at Morgan Stanley
The growth of the Personal Financial Services market was mainly driven by the increasing R&D spending across the world. Some of the key players profiled in the study are: Morgan Stanley, OMNI Financial Services, PwC, Santander Group, Barclays, Deutsche Bank AG, Elliott Davis LLC, Allianz SE, Aon plc and FIS. Scope of the Report of Personal Financial Services Personal…
Morgan Stanley veteran Vishal Gupta is the City’s best portfolio manager when it comes to picking stocks, according to research released today. The Square Mile boss who works for Morgan Stanley Investment Management was recognised as the top brass in a study released by Essentia Analytics. Mark Denham of Carmignac came in second, while Jonathan […] The post Morgan Stanley’s Vishal Gupta and Carmignac’s Mark Denham named City’s top stock pickers in new research appeared first on CityAM .
Third Harmonic Bio Inc. , a biotech specializing in allergic and inflammatory diseases, priced its initial public offering late Wednesday at $17 a share the midpoint of its $16 to $18 price range. But the company was able to upsize the deal to 10.9 million shares from an earlier plan to offer just 9 million. raising proceeds of $185.3 million. The stock will start trading later Thursday on Nasdaq under the ticker "THRD." Morgan Stanley, Jefferies and Cowen were joint bookrunners on the deal with LifeSci Capital acting as co-manager. The loss making company is still pre-revenue. The Renaissance Capital IPO ETF has fallen 43% in the year to date, while the S&P 500 has fallen 17%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Hi. I''m Aaron Weinman . Private credit is so hot, it was the talk of this week''s SALT hedge fund conference. Private credit is a pocket of the lending market that has grown to about $1.25 trillion in assets, according to Preqin data. Private-credit funds lend — typically to leveraged companies — for myriad reasons, from financing acquisitions to servicing borrowers'' working-capital requirements. In their infancy, these funds stepped in for regulated banks. They provided small loans (say between $50 million to $200 million) to riskier companies that banks avoided, and often negotiated extras in their credit agreements like seats on their boards. Private-credit funds plied their trade in the so-called middle market, and left banks to work on billion-dollar financings. Now, equipped with trillions of dollars in dry powder, private-credit is taking market share from big banks more than ever before. Let''s take a look at the opportunities — dissected by Insider''s Alyson Velati here — that private-credit giants like Owl Rock and Ares Management have found in this year''s choppy credit markets.
NEW YORK : AIG Inc''s life insurance and retirement division Corebridge Financial Inc raised US$1.68 billion (RM7.6 billion) on Wednesday (Sept 14) in the biggest initial public offering (IPO) so far this year, braving market volatility and ending a seven-month lull in major listings. AIG said it sold 80 million Corebridge shares at US$21 per share, which was at the lower end of their indicated target range of US$21 to US$24 per share. The IPO values Corebridge at US$13.6 billion. All proceeds of the IPO will go to AIG and the new company is not raising new capital, according to an earlier filing with the US Securities and Exchange Commission. Corebridge’s share sale could help shake the IPO market out of its hibernation. Russia’s invasion of Ukraine and rampant inflation triggering rises in interest rates have been driving stock market volatility since February, making it hard for companies to press ahead with listings. IPOs in the United States are on track for their worst year in over two decades, according to Dealogic, which tracks listing data going back to 1995.
Northrop Grumman Corporation (NYSE:NYSE:NOC) Morgan Stanley 10th Annual Laguna Conference Call September 14, 2022 11:00 AM ET Company Participants Kathy Warden - Chairman, President and…
New Board members bring leadership in driving economic empowerment outcomes in sub-Saharan Africa and amongst young girls through digital financial and investment literacy. NEW YORK, Sept. 14, 202…
New Board members bring leadership in driving economic empowerment outcomes in sub-Saharan Africa and amongst young girls through digital financial and investment literacy. NEW YORK , Sept. 14, 2022 /PRNewswire/ -- Women''s World Banking today announced the appointment of two new members to its Board of Directors. This brings the number of Board members to 12, including two Honorary Directors. The new Board members are Zouera Youssoufou, CEO and Managing Director of Aliko Dangote Foundation, and Seema Hingorani , Managing Director at Morgan Stanley Investment Management and Founder and Chair of Girls Who Invest. Ms. Youssoufou is based in Lagos, Nigeria . As CEO of the Aliko Dangote Foundation, the largest private foundation in sub-Saharan Africa, she leads the foundation''s efforts to improve the health, nutrition, education, and economic empowerment outcomes for Africans, primarily in Nigeria . Prior to joining the foundation, Ms. Youssoufou spent 10 years with the World Bank Group in various capacities, ranging from managing the Global Women in Business program at the International Finance Corporation to representing the group as a country manager in three Central African countries.
Hi. I''m Aaron Weinman . BlackRock has been slowly easing itself into the choppy seas of digital assets. BlackRock, alongside other investors, committed to a $400 million funding for fintech Circle, which issues a US dollar-pegged stablecoin known as USDC, in April. Shortly after that, Insider first reported that BlackRock would launch a blockchain- and crypto-themed exchange-traded fund. Then last month, BlackRock inked a partnership with Coinbase to connect clients on its Aladdin platform with crypto. Later in August, BlackRock announced it would launch a private trust to provide bitcoin exposure to its US institutional clients. All this activity comes amid a severe downturn in digital-asset prices, layoffs at Coinbase , and the possibility of new regulation from the US Securities and Exchange Commission. BlackRock, one could argue, has done a lot more than merely become exposed to crypto. In fact, it has amassed its own crypto crew, Insider''s Rebecca Ungarino reported here . Let''s take a look at 10 leaders shaping the firm''s crypto efforts.