Mnuchin says tax 'doesn't create a level playing field.'

BlackRock CEO says the only way for most pension plans to meet their obligations is to invest more in equities.

BlackRock CEO says the only way for most pension plans to meet their obligations is to invest more in equities.

Current CFO Petach to become senior managing director of BlackRock Solutions.

Current CFO Petach to become senior managing director of BlackRock Solutions.

Shift from market-size benchmarks may raise borrowing costs for industrialized nations.

Shift from market-size benchmarks may raise borrowing costs for industrialized nations.

Firm acts after losing market share to rivals like Vanguard.