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Citi Reworks Its Private Bank
Citigroup loses head of private banking unit
The global head of Citigroup’s private banking arm and one of its highest-ranking female executives is leaving in a potential blow to chief executive Jane Fraser’s plan to grow its wealth division.
Citi’s private-bank chief is leaving
Ida Liu, an 18-year veteran of the bank, did not detail her future plans. Citi eliminated her post and will instead have four regional private-banking chiefs.
Citi’s Ida Liu to Exit as Private Bank Is Overhauled
Ida Liu, the head of Citi’s private bank, will exit this month. Andy Sieg, who runs the bank’s wealth business, said on Monday in a memo that Liu had informed him of her decis
Citi Restructures Private Wealth as Global Head Departs
Citigroup is eliminating the role held by Ida Liu and has appointed four regional heads who will report directly to Andy Sieg, head of the bank’s wealth business. This story originally ran on Financial Advisor IQ sister publication FundFire.
Citigroup private banking global head Ida Liu departing
The head of Citigroup’s private banking business said Monday she is leaving the firm. Ida Liu, who had been the global head of Citi Private Bank since April 2021, made the announcement on LinkedIn. “Great careers are defined by embracing new challenges and opportunities,
13d
on MSN
Citigroup cutting more jobs to meet CEO’s expense goals despite strong quarter
Managing directors in the wealth and technology units are leaving the firm and Citi is also axing people from a team that ...
9d
Citi is shaking up its technology leadership and reorganizing its 'crown jewel' services unit
Leaders in Citi's technology unit and its "crown jewel" services unit announced a raft of changes as key leaders step down.
12d
on MSN
Citigroup Eliminated More Jobs This Week. Here's Which Roles Were Affected.
Citigroup is cutting certain roles as part of a broader corporate restructuring to eliminate tens of thousands of jobs by ...
2d
What's Going On With Citigroup Stock Today?
Ida Liu, the global head of Citi's private banking arm, announces her departure amid the bank's focus on expanding its wealth ...
13d
on MSN
Citigroup CEO Jane Fraser on new buyback program
Citigroup CEO Jane Fraser joins 'The Exchange' to discuss her company's latest earnings, the buyback announcement, her ...
13d
Citi Cuts More Jobs in Push to Meet CEO Fraser’s Expense Goals
Citigroup Inc. eliminated more jobs this week, just as executives were announcing new share buybacks and doubling down on ...
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