Tag: Citigroup

BlackRock acquires asset management business of Citibanamex
Global

BlackRock acquires asset management business of Citibanamex

BlackRock said it has completed its acquisition of the asset management unit of Citibanamex. Citibanamex is a subsidiary of Citigroup Inc. The company said in a statement that the transaction involves fixed income, equity, and multi-asset funds holding approximately $34 billion in investments. This acquisition reaffirms BlackRock’s conviction in Mexico’s […]

MTN To Raise Funds For Multiple Payments
Tech

MTN To Raise Funds For Multiple Payments

To cater for multiple needs, MTN Group, Africa’s largest mobile carrier by sales will raise funds through fixed income products, according to people with the knowledge of the matter. The company will be needing the funds to settle several bills. First is the NGN330 billion record fine it is paying […]