30.6 C
New York

BlackRock’s earnings for the first quarter climb due to increased fee revenue.

Published:

NEW DELHI: BlackRock posted a rise in first-quarter profit on Friday, as a rebound in global equity markets bolstered the company’s investment advisory and administration fees.
Net income for the world’s largest asset manager rose to $1.57 billion, or $10.48 per share, in the three months ended March 31, from $1.16 billion, or $7.64 per share, a year earlier.

Related articles

spot_img

Recent articles

spot_img