Larry Fink’s Bet on Saudi Oil Money Is Also His Latest E.S.G. Woe

  • Date: 02-Aug-2023
  • Source: The New York Times
  • Sector:Oil & Gas
  • Country:Saudi Arabia
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Larry Fink’s Bet on Saudi Oil Money Is Also His Latest E.S.G. Woe

Mr. Fink finds himself on the back foot once again, with BlackRock appointing the head of Saudi oil giant Aramco to its board. Analysts say the move is about money, not optics.