“BlackRock is not participating in any plans to acquire all or any part of Credit Suisse, and has no interest in doing so,” a company spokesperson told CNBC.
The CEO’s statement mirrors the earnings report for JPMorgan Chase, whose economic outlook calls for “a mild recession in the central case.”
An overwhelming majority of small business owners expect inflation to continue to rise, according to a quarterly poll conducted by CNBC and SurveyMonkey.
The shipping company could benefit from a slimmed-down structure and tweaks to its board.