The robo-advisor took investment from BlackRock two years ago

Scalable Capital, the fintech company, has hauled in £1bn in assets since taking strategic investment from BlackRock, the world’s largest asset manager, in June 2017.

Scalable, one of Europe’s leading robo-advisors, now manages £1.2bn in assets – up from a little over £200m at the time of BlackRock’s investment.

BlackRock backing swells Scalable Capital’s assets by £1bn

Ryan Weeks

BlackRock

Corporate/Industrial News

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Coutts hires ex-JPMorgan banker James Todd as next private client boss

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Todd replaces Camilla Stowell who left the NatWest-owned wealth in January

Senior GIC private equity lawyer joins Dechert in London

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The vice president is the most high-profile recent American visitor to the Cotswolds, an idyll that locals say is being disrupted by too many Yanks.

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Tricks of the trade gain new importance as 401(k) accounts open up to alternative investments.

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The bank’s economists had predicted tariffs could cause inflation and slow economic growth.

Trump Calls on Goldman to Replace Economist Over Tariff Stance

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Top executives at JPMorgan Chase traveled through states including Mississippi and Alabama, where the bank is expanding its reach.

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The private-equity firm’s profit rose amid what its executives called the best environment for selling assets in years.

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A weekly call turned into a celebration of heroes as staffers comfort one another through lingering trauma.

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Some fear a decline in the world-leading economic statistics underpinning U.S. markets.

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The appointment rewards the executive who led the bank back from a scandal involving the creation of millions of fake customer accounts.

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