Citi Private Bank is looking to grow its banker and investment counselors headcount in Asia by about 10% in 2025 after a strong financial performance last year, as the Wall Street lender seeks to deepen its wallet share in the region following a period of consolidation. In his fourth visit to Asia since joining Citi almost two years ago, wealth […]

The post Andy Sieg: Citi Private Bank eyes 10% rise in Asia headcount appeared first on Asian Private Banker.

Citi Private Bank has reshuffled its leadership team following the departure of global private banking head Ida Liu, Asian Private Banker understands. Liu is departing after almost two decades with the bank and nearly four years as global head of Citi Private Bank. “I have made the decision to leave the firm and embark onto the next chapter of my […]

The post Citi Private Bank reshuffles leadership in Asia appeared first on Asian Private Banker.

There is a sense of renewed optimism at Citi as its global wealth head, Andy Sieg, visits Asia for the third time since joining last September. Among the top tasks for Sieg will be boosting its struggling wealth business following organisational delayering and restructuring. Meanwhile, Citi’s private bank business has restarted hiring in Asia. On Monday this week, Sieg attended […]

The post Citi sees renewed optimism as global wealth head makes third visit to Asia appeared first on Asian Private Banker.

Citi’s unveiling of its largest organisational structure change in 15 years is aimed at streamlining its operating model and enhancing its strategy. With falling revenue and frequent organisational changes to its wealth business, can Citi meet its long-term strategy of achieving strong revenue in wealth? Under the new structure announced last week, Citi has separated its core businesses into five […]

The post Will Citi’s new leadership structure boost its Asia wealth business? appeared first on Asian Private Banker.