Nov 1, 2018
BlackRock CEO: Still doing business in Saudi Arabia
- Courtenay Brown, author of Axios Macro
BlackRock CEO Larry Fink at the 2015 DealBook conference. Photo: Neilson Barnard/Getty Images for New York Times.
Speaking at the New York Times DealBook conference on Thursday, BlackRock CEO Larry Fink said the company's decision to pull out of Saudi Arabia's Future Investment Initiative summit hasn't cost BlackRock any business in the country.
I am sure what I'm saying may not be approved by some people, but our future business with [Saudi Arabia] is something that I'm not ashamed of.— Larry Fink, BlackRock CEO