When BlackRock Inc. fired two executives last year who had romantic relationships with subordinates, the money-management giant didn’t do it quietly. The firm ousted both leaders, announcing they broke company rules in memos that were sent to BlackRock’s roughly 16,000 employees. Senior executives and board members discussed the matters and wanted to send a clear message to employees, customers and the public, according to people familiar with the decision.

Source: Wall Street Journal February 03, 2020 10:30 UTC