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BlackRock’s profit hit by lower fees for lending stocks

The BlackRock logo is seen at the BlackRock Japan headquarters in Tokyo, Japan, October 20, 2016. REUTERS/Toru Hanai July 19, 2019 By Trevor Hunnicutt (Reuters) – BlackRock Inc <BLK.N>, the world’s largest asset manager, took in less cash last quarter as investors moved into lower-cost bond funds, and it made […]