McKernan concerned with asset management giants' influence on banks
FDIC Board Director Jonathan McKernan voiced worry about the growing influence of Vanguard, BlackRock, and State Street on publicly traded banks Friday, suggesting regulators more actively review their interactions.
FDIC Board Director Jonathan McKernan voiced worry about the growing influence of Vanguard, BlackRock, and State Street on publicly traded banks Friday, suggesting regulators more actively review their interactions.
