BlackRock German arm chairman orders probe cooperation, Reuters saysFriedrich Merz, chairman of the German unit of BlackRock, said he had ordered the fund's management board to fully probe all incidents involving so-called cum ex transactions and cooperate with prosecutors, Reuters reports. "I have ordered the management board to cooperate with the investigative authorities and put all documents on the table. Everything will be investigated and we will actively participate in that," Merz said at a political event in Duesseldorf. Merz is a candidate to succeed German Chancellor Angela Merkel as leader of the CDU, the report notes. Reference Link |