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

(NYSE:C) 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 will combine the strategic investment advisory and planning capabilities of the leading global bank with the investment management and technology strengths of one of the world’s preeminent asset managers. The agreement includes the appointment of BlackRock to manage approximately $80 billion in assets