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...Larry Fink, the chief executive of BlackRock, is a longstanding critic of leveraged ETPs....
...Critics of buybacks have emerged, including Larry Fink, the BlackRock chief, who argues that buybacks sap investment that could pay for jobs or research on new products in favour of short-term gain — hurting...
...“Too many companies have cut capital expenditure and even increased debt to boost dividends and increase share buybacks,” Mr Fink wrote in an open letter to chief executives this year....
...Additional reporting by Telis Demos and Nicole Bullock...
...Additional reporting by Nicole Bullock...
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