Blackrock was fined a record €3.25m by Germany’s financial regulator, BaFin, on Friday for incorrectly disclosing over several years details of its stakes in almost 50 of the country’s top quoted firms.
Asset Management
German financial watchdog fines BlackRock €3.2m
Blackrock was fined a record €3.25m by Germany’s financial regulator, BaFin, on Friday for incorrectly disclosing over several years details of its stakes in almost 50 of the country’s top quoted firms.