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Stock impact report

BlackRock to Bolster Mexico Staff in Latin America Expansion [Yahoo! Finance Canada]

Blackrock Health Sciences Trust (BME) 
(Bloomberg) -- BlackRock Inc. plans a major expansion in Mexico that may boost the number of employees in the country to as many as 400, according to people familiar with the matter. Most Read from Bloomberg The world's largest asset manager is seeking to build a stronger presence in Mexico City, where it currently has about 250 personnel, that will help it grow its business there and across Latin America, said the people, who asked not to be identified because the information isn't public. “We are constantly assessing our global and regional footprint to better meet our clients' needs,” a spokesperson for the New York-based company said Wednesday in an emailed statement. While US President-elect Donald Trump made Mexico a target during his campaign, threatening to impose tariffs and deport millions of migrants, Mexico President Claudia Sheinbaum is trying to jumpstart investment in Latin America's second-biggest economy. Sentiment on Mexico has soured in the wake of Trump's Show less Read more
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