MILAN (Reuters) -Italy’s biggest bank Intesa Sanpaolo said on Friday its Fideuram private banking arm was launching a digital investment offer partnering with BlackRock in Belgium and Luxembourg.

Intesa teamed up with BlackRock in 2024 to expand the offering of Fideuram Direct, the digital wealth management service it had launched two years earlier.

Fideuram Direct has reached 81,000 clients and 3.3 billion euros ($3.85 billion) in assets under management, Intesa said.

Through a mobile phone app, Fideuram Direct offers investment options such as Exchange Traded Funds (ETFs) from BlackRock’s iShares, Europe’s main ETF provider, it said.

Intesa plans to expand the digital service to include the support of advisers whom clients can contact remotely.

“The initiative … strengthens the Priv

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