Sources today are saying that Azealia Banks and her manager Troy Carter, who also looks after Lady Gaga, have ended their partnership.

Announcing the news on, she wrote,

“A whole new set of resources to take advantage of… We’re gonna vamp this up and make it official… No more ghetto mixes and closet recording… I have a budget now!”

Troy Carter issued a statement to Billboard magazine, saying:

“I can confirm that I ended the business relationship with Azealia last month on very amicable terms. She’s incredibly talented and I wish her nothing short of an amazing career.”

Banks had teamed up with Coldplay manager David Holmes. It was even said that the two were involved romantically, but both rumors have been shut down; Banks remains without representation.

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