Citi revamps private bank's leadership

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’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 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 Reworks Its Private Bank As Head Leaves Firm After 18 Years
Liu, who will leave at the end of the month, has led the part of Citigroup that caters to its highest-wealth clients for almost four years and has had an 18-year career with the New York-based 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. Ida Liu announced the departure on LinkedIn on Monday morning,
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,
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.
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 ...
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 ...
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 ...
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 ...
Financial Advisor IQ2d
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 ...
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 ...
Citigroup axes more jobs as part of ongoing cost-cutting plan
Citigroup is cutting more jobs this week after going through an overhaul last year, a spokesperson for the lender said on ...
Financials Up Ahead of Fed Policy Statement -- Financials Roundup
Wells Fargo said that its 2022 consent order with the Consumer Financial Protection Bureau relating to auto lending, consumer deposit accounts, and mortgage lending, has closed.