BlackRock founded AI Labs last year to begin researching artificial intelligence for potential product offerings; the team is now comprised...
This week, we look at what positive innovations could arise from the pressure cooker of the pandemic. I touch on health care data and privacy, molecular technology, digital work- and play-spaces, and their financial implications. Channeled productively, the next decade could see advances in these fields that we can't yet imagine.
A new survey by BlackRock of more than 200 institutional investors shows that only a quarter say technology is as important...
Through the partnership, the firm hopes to provide more personalization to their over 270,000 users; both portfolios were vetted by Betterment to ensure quality and affordability standards; Dan Egan, director of behavioral finance investments at Betterment stated, “We wanted to get these strategies out to our clients as quickly as possible, rather than build them out ourselves.” Source
Alternative investment marketplace Yieldstreet has come under fire from investors recently due to several investments that have gone bad; according...
I examine the unbelievable transformation and restructuring happening in high finance. Global bank HSBC is planning to lay off over 10% of staff, looking at reductions of 35,000. E*TRADE is being acquired by Morgan Stanley, integrating its 5,000,000 accounts and $360 billion of assets into the Wall Street investment firm. Legg Mason and its $800 billion of assets are being folded into Franklin Templeton for $4.5 billion, less than what Visa had paid for fintech data aggregator Plaid and half of what Robinhood is likely valued privately. How do we make sense of these developments? How do we appeal to the heart?
The weekly fintech news roundup features stories from Brex, Circle, BlackRock, the DTCC, MoonPay and more.
It was a month ago that YieldStreet shared that they had partnered with Citi to offer their investors access to...
BlackRock is leading a $50mn investment round into microinvesting app Acorns to help build out their investment options; BlackRock joins...
It was only a month ago that we covered Yieldstreet’s partnership with Citi, allowing YieldStreet investors to have access to...