Original Source Material
Private-equity firm General Atlantic, Brazilian bank BTG Pactual and funds managed by Blackstone and Qatar Investment Authority are among buyers of as much as 4.9% each.
Citi sells another 24% of Banamex
Summary
- Private-equity firm General Atlantic, Brazilian bank BTG Pactual, and funds managed by Blackstone and Qatar Investment Authority are among buyers of as much as 4.9% each in the sale.
- The credit union compliance officer should monitor any changes in ownership that could impact regulatory requirements or risk management.
Why It Matters for Texas Credit Unions
The article does not mention Texas specifically and is focused on a sale of Banamex, which is outside the direct operational scope of Texas credit unions.