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Citigroup Inc said on Wednesday it has created a single wealth management business, Citi global wealth, to deliver products and services to clients from the affluent segment, as well as ultra-high ...
Aligning with Citi’s relatively optimistic forecasts last year, the latest Citi Wealth Outlook predicts global GDP will increase in China, the U.S., the EU, and the UK. Global GDP is expected to ...
Liu began her career at Citi Private Bank in 2007 by launching and heading the Fashion, Retail and Entertainment Group. [11]In 2011, she founded Citi Private Bank's newly formed North America Asian Clients Group [12] [13] [14] before becoming Global Market Manager for New York in 2016.
Citigroup Inc. or Citi (stylized as citi) is an American multinational investment bank and financial services company based in New York City. The company was formed in 1998 by the merger of Citicorp, the bank holding company for Citibank , and Travelers ; Travelers was spun off from the company in 2002.
[2] [4] [5] After a series of mergers, all of these firms became part of Citigroup which was formed in 1998. [2] [4] [5] [6] The asset management units under Citigroup were merged to form its asset management unit, Citigroup Asset Management. [2] [4] [5] In 2005, Citigroup and Legg Mason performed an asset swap worth $3.7 billion.
Citigroup was for decades a top underwriter of state and local government debt, making the bank a major financier of roads, bridges, and airports across the US.Now it wants out of that business ...
Mason joined Citigroup in 2001 and has held a number of executive positions at the firm, including chief financial officer of Citi’s Institutional Clients Group, chief executive officer of Citi Private Bank, chief executive officer of Citi Holdings, and chief financial officer and head of strategy and M&A for Citi’s Global Wealth Management Division. [4]
Citigroup is winding down consumer businesses in certain parts of the world as part of an effort to simplify the giant bank. Citi sells China wealth business as part of international consumer ...