BlackRock CEO Larry Fink Urges NYC to Tackle Crime, Cleanliness, and Education or Risk Corporate Exodus

With $11.6 trillion in assets under management, Fink warns that New York’s deteriorating quality of life and regulatory burdens are driving major firms away—despite signs of improving violent crime rates Larry Fink, Chairman and CEO of BlackRock Inc., issued a stark warning to New York City policymakers on Monday, cautioning that the city’s ongoing struggles with crime, sanitation, and education are severely undermining its appeal to the business community. Speaking at a candid forum hosted by the Economic Club of New York, Fink, 72, said, “The city is on the verge of losing a lot of companies. I don’t believe … Continue reading BlackRock CEO Larry Fink Urges NYC to Tackle Crime, Cleanliness, and Education or Risk Corporate Exodus