Citi, LuminArx Discuss Asset-Based Lending Partnership
(Bloomberg) -- Citigroup Inc. is in advanced talks to partner with LuminArx Capital Management on a new asset-based lending strategy, according to people with knowledge of the matter.Most Read from BloombergTreasury Frenzy Drives 10-Year Yield Below 4.2%: Markets WrapHow Suspects Laundered Billions in Singapore for YearsMoody’s Cuts China Credit Outlook to Negative on Rising DebtHarvard Alumni Rebuke Its Israel Response With Mere $1 DonationsPutin Plans Visit to Gulf in Wake of OPEC+ Deal on Out