21. Morgan Stanley*
22. Mitsubishi UFJ Financial Group Inc.
23. Northern Trust Corporation
24. Societe Generale
25. Bank of America Corporation*
* BlackRock Directors
Notably, for our purposes, BlackRock board members have direct connections to at least seven of the top twenty-five corporations that Vitali et al. identify as an international "super entity." BlackRock's board has direct links to seven of the twenty-five most interconnected corporations in the world. BlackRock's eighteen board members control and influence tens of trillions of dollars of wealth in the world and represent a core of the super-connected financial sector corporations.
Below is a sample cross section of key figures and corporate assets among the global economic "super entity" identified by Vitali et al.
Other Key Figures and Corporate Connections within the Highest Levels of the Global Economic "Super Entity"
Capital Group Companies--Privately held, based in Los Angeles, manages $1 trillion in assets.
FMR--One of the world's largest mutual fund firms, managing $1.5 trillion in assets and serving more than twenty million individual and institutional clients; Edward C. (Ned) Johnson III, Chairman and CEO.
AXA--Manages $1.5 trillion in assets, serving 101 million clients; Henri de Castries, CEO AXA, and Director, Nestle (Switzerland).
State Street Corporation--Operates from Boston with assest management at $1.9 trillion; directors include Joseph L. Hooley, CEO of State Street Corporation; Kennett F. Burnes, retired chairman and CEO of Cabot Corporation(2011 revenue: $3.1 billion).
JP Morgan/Chase (2011 assets: $2.3 trillion)--Board of directors: James A. Bell, retired executive VP of The Boeing Company; Stephen B. Burke, CEO of NBC Universal, and executive VP of Comcast Corporation; David M. Cote, CEO of Honeywell International, Inc.; Timothy P. Flynn, retired chairman of KPMG International; and Lee R. Raymond, retired CEO of Exxon Mobil Corporation.
Vanguard (2011 assets under management: $1.6 trillion)--Directors: Emerson U. Fullwood, VP of Xerox Corporation; JoAnn Heffernan Heisen, VP of Johnson & Johnson, Robert Wood Johnson Foundation; Mark Loughridge, CFO of IBM, Global Financing; Alfred M. Rankin Jr., CEO of NACCO Industries, Inc., National Association of Manufacturers, Goodrich Corp, and chairman of Federal Reserve Bank of Cleveland.
UBS AG (2012 assets: $620 billion)--Directors include: Michel Demare, board member of Syngenta and the IMD Foundation (Lausanne); David Sidwell, former CFO of Morgan Stanley.