Tagged: blackrock

Robo-Advisor Betterment Adds Goldman & Blackrock Portfolio Strategies

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

MobiKwik Reaches for Unicorn Status, Set to Raise Funding from BlackRock

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

Lending Club Chief Capital Officer Posts Reassuring Message to Investors

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

Lending Club Hires former BlackRock & Morgan Stanley Executives

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

New Hire: Lending Club Appoints Former BlackRock Executive as New Chief Capital Officer

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

Peter Renton, Founder of Lend Academy & LendIt Conference, Contributes to Marketplace Lending’s Global Understanding, Growth & Success

  “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

BlackRock & Singapore’s Temasek to Buy Stakes in Funding Circle

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

FCA Bans Former Blackrock Employee for Skipping Train Fares

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

Former BlackRock Executive Shifts to P2P Investor Blue Elephant

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