Citi’s investment management unit head, Rob Jasminski has joined BlackRock, where he will oversee nearly $80bn portfolio for wealth management clients, reported Reuters. The move follows an agreement ...

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 ...

In his first year on the job, Citi wealth head Andy Sieg has grown fond of saying his firm could one day be the biggest global wealth manager. Processing Content Speaking in June at the Morgan Stanley ...

(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 ...

News that a restructuring at Citi would result in the elimination of multiple management layers added to the trend of companies moving away from deeply vertical structures. Like Citi, earlier this ...

Citi Wealth, part of Citigroup (NYSE: C), has announced a partnership with BlackRock (NYSE: BLK) to launch Citi Portfolio Solutions powered by BlackRock, a customized portfolio offering designed to ...

Citigroup, the parent company of Citibank, expects to spend around $1 billion on "repositioning and restructuring charges" in 2023, Chief Financial Officer Mark Mason said Wednesday. Citigroup is ...