© Reuters. FILE PHOTO: The BlackRock emblem is pictured exterior their headquarters within the Manhattan borough of New York Metropolis, New York, U.S., Could 25, 2021. REUTERS/Carlo Allegri//File Picture
LONDON (Reuters) – BlackRock (NYSE:) stated on Saturday it had no plans or curiosity to amass embattled Swiss lender Credit score Suisse, a spokesperson for the U.S. asset supervisor stated.
“BlackRock isn’t taking part in any plans to amass all or any a part of Credit score Suisse, and has little interest in doing so,” the spokesperson instructed Reuters.
The Monetary Instances reported earlierthat BlackRock was engaged on a rival bid for Credit score Suisse aiming to upstage a plan for UBS to amass the struggling financial institution. The U.S. funding large is evaluating quite a lot of choices and dealing with different traders, the FT added.
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