BlackRock gets a second chance at $42.3B in NYC pension mandates after failing to meet the city's climate standards, as Comptroller Levine opens a rebidding

BlackRock gets a second chance at $42.3B in NYC pension mandates after failing to meet the city's climate standards, as Comptroller Levine opens a rebidding

BlackRock faces a competitive rebid for its New York City pension mandate as officials reopen a $127 billion portfolio review process.