The bank is considering combining two of its real wealth management units in an effort to cut costs, according to news reports.
The US firm is aiming to boost revenue from its wealth management business over the next few years.
The US giant has agreed a deal to buy a $31 billion business in Mexico.
The deal allows the $448 billion group to expand its alternative offering into the US commercial real estate sector
Returns from international small- and mid-cap firms seem to be in good shape
The manager research specialist has left Citi to join the portfolio construction team of a reputed asset manager.
The Citywire + rated manager has taken on a new role within BlackRock's product team.
The insurance group is preparing to IPO its US operations, including its stake in the New York-based asset manager.
The group’s chief investment strategist believes cracks are beginning to appear in the US’s high flying equity market.
The US group's high yield director, Gershon Distenfeld, warns of the dangers of backing the lowest rated high yield debt despite their soaring returns last year.