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Citi Reworks Its Private Bank

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

bankingdive · 2d

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.

American Banker · 3d

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.

Financial Advisor · 3d

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.

Seeking Alpha on MSN · 3d

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.

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Citi beats profit on trading strength, but cuts return targets after 'critical' year

"2024 was a critical year and our results show our strategy is delivering as intended and driving stronger performance in our businesses," said Citi CEO Jane Fraser. "While we now expect our ...

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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 ...

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 ...

bankingdive14d

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, ...

14d

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 ...

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 ...

13don MSN

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 ...

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