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Top finance news: Goldman CEO wants staff in office; Bank of America job cuts

TIAA named Thasunda Brown Duckett as its next president and CEO. She will join the firm on May 1 from her current employer,  JPMorgan Chase, where she has served as CEO of Chase Consumer Banking. At TIAA, Duckett will succeed  Roger Ferguson, who is departing the firm after 13 years as chief executive. JPMorgan co-president and COO Gordon Smith said in an internal memo that, in the meantime, leadership of the consumer bank will report in to him and that the firm will announce plans around ...
United States Goldman Sachs Gordon Smith Thasunda Brown Duckett David Mcnew Roger Ferguson

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BlackRock To Launch Aladdin Data Cloud - Traders Magazine

Traders Magazine 0 Shares BlackRock and Snowflake announced a strategic partnership to deliver a next-generation solution for the investment management industry. BlackRock will launch Aladdin Data Cloud, a solution for investment managers to expand the utility of data, powered by Snowflake’s platform. The Aladdin Data Cloud will be a strategic part of Snowflake’s Data Cloud and a part of the Aladdin platform. The solution allows companies to bring Aladdin and non-Aladdin data together m...
Rob Goldstein Frank Slootman Aladdin Data Cloud Data Cloud Aladdin Studio Snowflake Data Cloud

BlackRock's Aladdin teaming up with Snowflake on data, cloud

BlackRock, Snowflake BlackRocks massive Aladdin business and cloud-data storage firm Snowflake are partnering up. Aladdin users will be able to customize the platform with internal and third-party data through the deal. BlackRock and Snowflake said the move represents the growth of tech skills in front-office jobs. BlackRock is partnering with a red-hot tech company as a way of adapting one of its crown jewels to meet a customer base increasingly focused on data an...
Gary Shedlin Matthew Glickman Sudhir Nair Snowflake Data Exchange Goldman Sachs Aladdin Data Cloud

BlackRock partners with Snowflake to create data cloud

BlackRock partners with Snowflake to create data cloud Bloomberg BlackRock is partnering with Snowflake, a cloud-based data platform provider, to deliver a "next-generation solution for the investment management industry," a joint news release said Monday. Aladdin Cloud will enable money managers to combine Aladdin and non-Aladdin data on a single cloud-based platform "increasing operational efficiency," the companies said in the release. BlackRock will add the Aladdin Data Cloud to its Aladdin...
Logan Koffler Daniel Gourvitch Robert Goldstein Frank Slootman Aladdin Data Cloud Aladdin Data Warehouse

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