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Larry Fink: The world’s starting to pay the price for cheap money

Annual letter – to shareholders and CEOs combined this year – warns of dominoes yet to fall.

BlackRock CEO Larry Fink.

Dita De Boni Thu, 16 Mar 2023

BlackRock CEO Larry Fink has warned of the as yet unforeseen consequences of the failure of Silicon Valley Bank (SVB) in his yearly letter to investors, saying it was a “classic asset-liability mismatch” and it was "too early to know how widespread the damage is".

BlackRock remains the world's

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Larry Fink: The world’s starting to pay the price for cheap money
Investment,
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