Citi signs sale agreement with Insigneo

Upon completion of the announced sale, Citi would be absent from the Latam offshore market, while maintaining an important presence in Miami.

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Henriquez passes baton as Insigneo enters new growth phase

Daniel de Ontanon, a veteran with leadership roles in Citi's private banking area, will take over as Insigneo's CEO, effective April 30, 2018. Raul Henriquez will continue in his role as chairman of the USD 8.5 billion advisory.

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GIS, Northeast and Hencorp rebranded as Insigneo, a firm with USD 8 billion in client assets

Raul Henriquez is the CEO of Insigneo, the result of the integration of several companies: Global Investor Services, HB Asset Management, Alpha Capital, Hencorp Wealth Advisors, and the recently acquired Northeast Securities.

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Merger consolidates two broker-dealer networks with deep ties to Latin America

Pending regulatory approval, Northeast Securities' international business operation will merge with Global Investor Services, creating a network with more than USD 8 billion in customer assets.

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