President Obama’s plan to overhaul the nation’s financial regulatory system received support yesterday from key Massachusetts congressional members who said changes are long overdue.
As chief executive of BlackRock Inc (BLK.N: Quote, Profile, Research, Stock Buzz), already the largest publicly traded U.S. asset manager, Fink this week engineered a blockbuster deal to buy Barclays Plc’s investment unit BGI. Together they will become world’s biggest money manager with roughly $2.8 trillion of assets.
The global recession has actually enhanced Boston’s reputation as one of the top financial centers in the world.
A new report ranks the Hub within the top 10 financial centers in the world, moving from 11th place to ninth place, as many other financial hotspots tumbled along with the global economy.
The “Global Financial Centres Index,” prepared for the City of London Corp., indicates that major investment players across the globe appreciate Boston’s steady environment for financial firms and experts at a time of deep market turmoil.
A. Citizens Bank – www.citizensbank.com – (617) 725-5900 B. Bank of America Pavilion – www.livenation.com – (617) 728-1600 C. Bank of America – www.bankofamerica.com – (617) 227-0531 D. Bank of America – www.bankofamerica.com E. Citizens Bank – www.citizensbank.com – (617) 422-8295 F. Sovereign Bank – www.sovereignbank.com – (617) 227-2473 G. Bank of America – www.bankofamerica.com – (617) 262-0331 H. Bank of