October 10, 2026
Business

Asset Manager Axis Sues Citi’s Banamex Over Unpaid Trust Fees(Soban News)

Axis Asset Management sued Citigroup Inc.’s Banamex to collect an arbitration award of more than $53 million tied to the Mexican bank’s alleged failure to pay management fees on a trust backing an oil-services firm that went bankrupt.

​Axis Asset Management sued Citigroup Inc.’s Banamex to collect an arbitration award of more than $53 million tied to the Mexican bank’s alleged failure to pay management fees on a trust backing an oil-services firm that went bankrupt. by Soban News (international And National News)

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