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BlackRock CEO says the only way for most pension plans to meet their obligations is to invest more in equities.
The final rule, due out next week, may affect up to 18 percent of revenue at the five largest Wall Street firms.
Survey reveals where companies feel the most pain coming up to speed on banking servicesand that they feel more pain in onboarding than banks realize.
As indicators suggest manufacturing growth around the world, yen remains preferred risk-funding currency.
Deal would be the first for the company since May 2011.
Unusual fund management involved money transfers from city pension to employee savings plan to make guaranteed interest paymentsand more in flush years.
