BlackRock concludes acquisition of Citibanamex’s asset management business
The BlackRock acquisition of Citibanamex asset management business is concluded, after securing green light from Mexican regulators. The deal, whose…
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Citigroup fine for unauthorised trading and inadequate controls set at $10.5m
Citigroup has agreed to pay $10.5m to resolve two cases with the US Securities and Exchange Commission (SEC) regarding books…
Sunnier outlook for Mexico’s wealth management market
Ahead of Mexico’s presidential election in July this year, experts give their view on the outlook for Mexico’s private banking…
BydeVere to relaunch Latin America business
British financial advisory firm deVere Group has announced plans to relaunch operations in Latin America under its Acuma deVere brand,…
BlackRock to buy Citibanamex’s asset management business
BlackRock has signed a definitive agreement to acquire the asset management business of Citibanamex, a subsidiary of Citigroup, for an…
Aegon and Akaan form new asset management firm in Mexico
Dutch insurer Aegon and its subsidiary Transamerica have partnered with Mexican wealth management firm Administradora Akaan to launch an asset…
Credit Suisse launches advisory office in Mexico
Swiss banking giant Credit Suisse has set up a new advisory office in Mexico City to further bolster its presence…
Lombard International and Akaan create life assurance company
HNWI wealth structuring provider Lombard International and Mexico-based wealth management firm Akaan are set to create a new life assurance…
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