Tagged: blackrock

March 11, 2021 @ 8:18 am By Samantha Hurst  |  

  UK banking group Standard Chartered Bank announced on Thursday it has teamed up with BlackRock’s Aladdin platform to offer integrated end-to-end office investment management solutions to mutual clients across Asia, Africa, and the Middle East. According to BlackRock, Aladdin technology combines risk analytics and… Read More

March 3, 2021 @ 10:45 pm By Omar Faridi  |  

BlackRock (NYSE:BLK), the world’s largest asset manager, notes that last year they wrote to their clients and informed them that the company was making sustainability its “new standard” for investing. BlackRock confirmed that they had outlined how they were making sustainability “integral” to how they… Read More

February 18, 2021 @ 1:05 pm By Omar Faridi  |  

Bitcoin (BTC), the flagship cryptocurrency, keeps surging to all-time highs.  On Wednesday (February 17, 2021), which was just a day after the digital asset surpassed the $50,000 mark, the crypto had again set a new record above $51,000. Bitcoin is trading at around $51,490 at… Read More

December 30, 2020 @ 1:40 pm By Omar Faridi  |  

Bitcoin (BTC), the flagship digital currency, has hit yet another all-time high of over $28,500 as  Blackrock, the largest asset manager, seeks a Bitcoin and Blockchain lead. But a report from OKCoin asks whether BTC is due for a correction, which was a question many… Read More

February 18, 2020 @ 8:00 am By JD Alois  |  

YieldStreet, an alternative investment platform that largely caters to accredited investors under Reg D 506c, has announced a new partnership with BlackRock (NYSE:BLK) on a $1 billion fund that will target retail investors. Michael Weisz, founder and President of YieldStreet, hit the studios of CNBC… Read More

July 20, 2018 @ 7:26 am By Tom Fortin  |  

When people hear I moved from BlackRock to Fintech iCapital Network, I see a fair number of raised eyebrows. On one hand, you have BlackRock, an established asset-management behemoth. On the other, there’s iCapital, a small, young Fintech company – so the transition seems curious… Read More

December 29, 2017 @ 10:29 am By Samantha Hurst  |  

Online lending platform for small businesses OnDeck (NYSE: ONDK), the leader in online lending for small business, announced today that a fund managed by an investment advisor subsidiary of BlackRock has joined OnDeck’s platform of financing partners as another committed source of capital to fund… Read More

September 13, 2017 @ 9:42 am By JD Alois  |  

Betterment, the largest independent online investment advisor, will now offer two new portfolio strategies: a smart beta portfolio strategy and an income portfolio strategy. Betterment has selected the portfolio strategies from BlackRock and Goldman Sachs Asset Management (GSAM) designed to meet users diverse needs and… Read More

May 9, 2017 @ 8:07 am By Erin Hobey  |  

One billion dollars. MobiKwik is set to raise funds from investors including BlackRock Inc. which will value the innovative Indian Fintech company at about $1 billion, according to Bloomberg. Headquartered in Gurgaon, MobiKwik offers a mobile phone based payment system. Customers add money to an online wallet that… Read More

September 30, 2016 @ 7:50 pm By JD Alois  |  

Lending Club (NYSE:LC) has been stocking up on new executive hires during the past several months. One of the recent hires, Patrick Dunne – a former Blackrock executive, joined this past July as Chief Capital Officer. Dunne plays an important role is communicating with both… Read More

August 24, 2016 @ 5:33 pm By JD Alois  |  

As part of the rebuilding process Lending Club (NYSE:LC) is seeking out new hires with traditional Wall Street cred.  Today the leading marketplace lending firm has hired not one, but two former Wall Street bankers. Lending Club has appointed Valerie Kay, formerly an MD with Morgan… Read More

July 18, 2016 @ 7:56 am By JD Alois  |  

Marketplace lending platform Lending Club (NYSE:LC) has appointed Patrick Dunne as its new Chief Capital Officer.  Dunn, an experienced investment banker, has held leadership roles at BlackRock, Barclays Global Investors and iShares.  Most recently Dunne was head of BlackRock’s San Francisco office and Head of iShares… Read More

November 12, 2015 @ 8:13 pm By Erin Hobey  |  

  “I think Fintech, particularly as it applies to lending, has the capacity to completely transform how consumers and small business use credit. The best platforms are true innovators, underwriting consumers and small businesses in new ways using data that was simply unavailable ten or… Read More

April 2, 2015 @ 9:52 am By Erin Hobey  |  

Singapore’s sovereign wealth fund Temasek and money manager BlackRock are set to buy stakes in Funding Circle in deals that could value the British peer-to-peer lending platform at more than $1 billion, reported Sky News today. Temasek plans to invest about 30 million pounds ($44.4 million)… Read More

December 15, 2014 @ 10:47 am By JD Alois  |  

The UK Financial Conduct Authority (FCA) has published a release stating that former Blackrock employee Jonathan Paul Burrows has been banned “from performing any function in relation to any regulated activities for not being fit and proper”. Tracey McDermott the FCA’s Director of Enforcement and… Read More

September 9, 2014 @ 11:20 am By JD Alois  |  

The investment opportunity generated by new, innovative peer to peer lending platforms is becoming more and more apparent to mainstream finance.  Today Blue Elephant Capital Management has announced that Brian Weinstein, a former head of fixed income at BlackRock, has joined their firm as a… Read More