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Report: BlackRock will continue to operate in Saudi Arabia

BlackRock Inc. will continue to do business in Saudi Arabia, CEO Larry Fink told CNBC.

Fink further said that the company will not exit Saudi Arabia even if it emerges that the kingdom ordered the killing of Jamal Khashoggi, according to CNBC.

Fink, however, noted that Khashoggi's alleged murder is a big issue with the company's employees, as well as with many of its clients, the news outlet reported.

Fink earlier withdrew from attending the 2018 Future Investment Initiative conference in Saudi Arabia, according to Axios.