BlackRock Inc. CEO Larry Fink said on Friday that uncertainty about the future of markets is causing anxiety among his company's clients.
"We've seen periods like this before when there were large, structural shifts in policy and markets – like the financial crisis, COVID, and surging inflation in 2022," Fink stated, following the release of BlackRock's earnings report.
However, reflecting on the company's connections with clients, he said after similar crises in the past, "some of BlackRock's biggest leaps in growth followed."