• BlackRock now has a higher percentage of engineers than JPMorgan, and it says a lot about the future of the money management industry

    12 days ago - By Business Insider

    About a quarter of BlackRock's 14,000 employees work as technologists , the firm's chief financial officer said Wednesday.
    That's a higher percentage than at JPMorgan.
    Like its peers, BlackRock is betting on technology as a growth driver.
    BlackRock's chief financial officer just disclosed a key figure that illustrates the importance of technology to the world's largest asset manager.
    About a quarter of BlackRock's 14,000 employees, or 3,500 people, work as technologists, BlackRock CFO Gary Shedlin said at an investor conference on Wednesday.
    That's a higher percentage than the 20% of...
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