Citi's Muni Exit Creates Liquidity Test If Downturn Hits Market [Yahoo! Finance]
BlackRock, Inc. (BLK)
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Source: Yahoo! Finance
challenge in the next muni downturn, said officials at two of the largest market participants. Most Read from Bloomberg China Tells Iran Cooperation Will Last After Attack on Israel Beyond the Ivies: Surprise Winners in the List of Colleges With the Highest ROI Treasury Yields Hit 2024 Highs as Powell in Focus: Markets Wrap IMF Steps Up Its Warning to US Over Spending and Ballooning Debt Iran's Conflict With Israel Puts US Ally Jordan on Edge “We haven't had an event that really presses on liquidity in the market in quite some time,” Sean Carney, head of municipal strategy at BlackRock Inc., said at a public finance conference hosted by the Bond Buyer in Austin on Tuesday. He added that the hiring of many former Citigroup muni bankers and traders by other firms is a help to the industry. The bank was a leader in the $4 trillion market for US state and local debt for decades, working on financing projects as large as the rebuilding of the World Trade Center site and the
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BLK
Earnings
- 4/12/24 - Beat
BLK
Sec Filings
- 4/26/24 - Form PX14A6G
- 4/12/24 - Form 8-K
- 4/10/24 - Form PX14A6G
- BLK's page on the SEC website