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Citi Reworks Its Private Bank
Citi’s Ida Liu to Exit as Private Bank Is Overhauled
A prominent Citigroup executive is leaving as the bank reorganizes an elite arm of its wealth management business, the latest shift in a series of significant structural and leadership changes at Citi in recent years.
Citi loses head of private banking unit
Liu’s exit will thin the limited number of high-ranking female executives on Citi’s org chart below Fraser. While not on Citi’s executive management team, Liu, along with Tasnim Ghiawadwala, who runs Citi’s commercial bank, was among just a handful of top women leaders there.
Citi revamps private bank's leadership following Ida Liu's exit
The megabank is simplifying the management structure of its private bank. Regional leaders will now report directly to Andy Sieg, head of wealth.
Citi overhauls private bank as unit head Ida Liu ends 18-year tenure
In the latest shakeup, four regional heads serving the firm's highest-wealth clients will report directly to Citigroup's wealth chief Andy Sieg.
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,
6d
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.
11d
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 ...
National Mortgage News
12d
Citi's Fraser defends expenses, long-term investments
Jane Fraser, CEO of Citigroup, told analysts she's not going to sacrifice growth-related investments for short-term gains.
6d
Citi pushes for simplified banking, digital innovation
Among those innovations is Citi Payments Express, the bank’s “simplified banking platform.” The bank converted 4 million ...
bankingdive
11d
Citi deploys AI coding tools to 30K developers in modernization push
Citi armed 30,000 developers with generative AI coding tools as part of an ongoing modernization push, CEO Jane Fraser said, ...
12d
on MSN
Citi Swings to a Profit and Announces $20B Stock Buyback
Citigroup reported fourth-quarter results that exceeded expectations, sending shares higher in pre-market trading Wednesday.
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