Monzo clients rush to sign up for BlackRock offering

September 20, 2023--New service will offer online retail bank customers access to three multi-asset funds of funds
More than 200,000 Monzo customers have joined a waiting list to use a BlackRock investment offering when it launches in the "coming weeks".

Tens of thousands of customers signed up "within hours" of the initial announcement by the UK challenger bank on September 12, with the waiting list growing to 200,000 within two days.

The new service will offer the bank's 8mn customers online access to three BlackRock multi-asset funds, which in turn invest in a range of passive funds.

ESAs warn of risks from economic and geopolitical events

September 10, 2024--The three European Supervisory Authorities (EBA, EIOPA and ESMA-ESAs) today issued their Autumn 2024 Joint Committee Report on risks and vulnerabilities in the EU financial system. The Report underlines ongoing high economic and geopolitical uncertainties.