BlackRock's profit soars 21%

Video Credit: Reuters Studio
Published on July 17, 2020 - Duration: 00:45s

BlackRock's profit soars 21%

BlackRock's results topped Wall Street estimates on Friday, helped by investors flocking to the world's largest asset manager's bond funds in the second quarter as global financial markets rebounded strongly from a brutal selloff in March.

Fred Katayama reports.


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