BlackRock, Inc. is an American multi-national investment company based in New York City. Founded in 1988, initially as an enterprise risk management and fixed income institutional asset manager, BlackRock is the worlds largest asset manager, with US$8.59 trillion in assets under management as of December 31, 2022.
In retaliation, Russia has sanctioned personalities and businesses from corporate America like Netflix, Delta Airlines, and Blackrock. Russian sanctions will not have any effect on these companies.