Friedrich Merz will retain his Post as Chairman of the Supervisory Board of the Germany subsidiary of Blackrock, the world’s largest asset managers. It reported the “mirror”, relying on Insider information.

The former Chairman of the CDU/CSU parliamentary group in the Bundestag since the spring of 2016 for the American funds company. The lawyer Merz had gone after his departure from the Bundestag in 2009, in the economy.

In the course of its application to the CDU party chairmanship, he had to leave his Job at Blackrock temporarily to rest.

Merz lost on the CDU Federal party Congress at the beginning of December 2018, the Contestant Kramp-Karrenbauer, the Angela Merkel followed as party leader, Annegret.

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Then Merz have agreed in a conversation with Blackrock CEO Larry Fink to work for the Americans, reported the “mirror order”. Of course, this is not the same: Fink is supposed to be according to insiders, initially, been highly annoyed about Merz’ decision to stand as a candidate for the CDU presidency. Merz had informed the Blackrock-chief of late, almost simultaneously with the Public about his candidacy.

As CDU party chief, he should have his Board of Directors post.

Now the Anger was gone, according to the magazine, Merz was more than the President of the Council and chief lobbyist for the investment company on the move, created for predominantly private investors more than 6000 billion dollars, and worldwide at Thousands of companies involved.

Merz to belong to a Blackrock-Delegation to Fink, who travels to the world economic forum in the Swiss Davos. At the end of January he will speak at the Mannheim-Fund Congress.

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The new CDU leader, Kramp-Karrenbauer to advise Merz in the future, especially in economic and fiscal issues; a task that is compatible with its activities on behalf of Blackrock. (Tsp)