Citi investment head joins BlackRock to run $80 billion wealth assets portfolio

BlackRock said on Monday the head of Citi's investment management arm has joined the firm to lead a new initiative, which ...
Wealth Management

BlackRock Takes Over Management of $80B in Citi Wealth Assets

BlackRock officially manages $80 billion in Citigroup private banking assets globally through new partnership deal ...
WealthManagement.com

Citi Hands BlackRock $80 Billion of Assets in Wealth Deal

(Bloomberg) -- Citigroup Inc. is entrusting BlackRock Inc. with tens of billions of dollars of clients’ investments in a move that will close the bank’s only remaining in-house asset manager and ...
Seeking Alpha

Citi to Deliver New Customized Portfolio Offering Powered by BlackRock to Citi Wealth Clients Globally

Harnesses the power and scale of two global leaders in wealth $80 Billion Citi Wealth Client Assets to Be Managed by BlackRock in Largest Agreement of its Kind NEW YORK--(BUSINESS WIRE)-- Citi Wealth ...
InvestmentNews

Citi taps BlackRock to manage $80B in wealth assets, deepen tech partnership

Citi Wealth has agreed to place $80 billion in client assets under BlackRock's management as part of a sweeping partnership that will see the world’s largest asset manager take on a broader role in ...
Insurancenewsnet.com

Exponential Markets Receives Strategic Investment From Citi

Investment to be used to Further Develop Risk Mitigation Tools for the Automotive Ecosystem Citi made the investment through its Markets Strategic Investments unit. The investment and partnership ...
InvestmentNews

Citi, JPMorgan make key leadership hires

Changes are afoot at Citi and JPMorgan, with each firm announcing strategic hires to fill new roles to address evolving client needs and industry demands. On Monday, Citi Wealth announced it has ...
U.S. News & World Report

Citi CFO Expects Investment Banking Fees to Rise 20% in Third Quarter

NEW YORK (Reuters) -Citigroup's investment banking fees are expected to jump 20% in the third quarter from a year earlier, Chief Financial Officer Mark Mason told investors at a conference in New York ...
Finextra

BlackRock to manage $80 billion in assets for Citi Wealth

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. BlackRock has been appointed by the banking giant to deliver ...
Traders Magazine

BlackRock to Manage $80 Billion of Citi Wealth Client Assets

Citi Wealth announced the selection of BlackRock to create a new portfolio offering for its clients – Citi Portfolio Solutions powered by BlackRock. This offering will combine the strategic investment ...
Nasdaq

Citi to Deliver New Customized Portfolio Offering Powered by BlackRock to Citi Wealth Clients Globally

NEW YORK--(BUSINESS WIRE)-- Citi Wealth today announced the selection of BlackRock to create a new portfolio offering for its clients – Citi Portfolio Solutions powered by BlackRock. This offering ...