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Meet BlackRock's New Vice Chairman

Wednesday, 13 Jun 2012 | 7:30 AM ET

Philipp Hildebrand, BlackRock's newly appointed vice chairman, discusses his new role at BlackRock and how he intends to help clients deal with the difficult investing environment. He also weighs in on Europe's current fiscal fragmentation and why it's important to get a clear read on the banks' balance sheets, with CNBC's Steve Liesman.