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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. [9] In 2019, she was promoted to head the Private Bank in North America. [15] In 2021, Liu was appointed Global Head of Private Banking. [1]
Citi Private Bank is the private banking division of Citibank; it provides banking services to high-net-worth individuals, family offices, law firms, and other institutions. According to the company's website, it has a minimum investment level of $10 million and a total net worth requirement of $25 million; [ 1 ] however, in some cases, these ...
This is a list of commercial banks and other credit institutions in South Africa, as updated late 2024 by the Reserve Bank of South Africa. [ 1 ] [ 2 ] List of commercial banks
Corbat worked at Citi or its predecessor companies for his entire career, starting with Salomon Brothers. [9] [10]He served as Head of Citi's Global Corporate Bank and Global Commercial Bank and CEO of Citi's Global Wealth Management (consisting of Smith Barney and the Citi Private Bank).
Cavmont Bank; Citibank; Ecobank; Finance Bank Zambia Limited; First Alliance Bank Zambia Limited; First National Bank (South Africa) Indo-Zambia Bank Limited; Zambia Industrial Commercial Bank; International Commercial Bank; Investrust Bank; Stanbic Bank; Standard Chartered Bank (Zambia) United Bank for Africa [114] Zambia National Commercial Bank
The accounts do not generate as much revenue as traditional private banking, but given the number of customers, can provide sizeable revenue to the bank. In 2016, Credit Suisse and UBS replaced the phrase "private banking" with "wealth management"; private banking has faced reputational risk as an area for tax avoidance or even tax evasion. [9]
Citi bought the company in 2007 for $800 million, bringing both Pandit and Havens into Citi leadership. [25] Citi named Pandit chairman and CEO of Citi Alternative Investments (CAI) unit and he later led Citi's Institutional Clients Group. On 11 December 2007, Pandit was named the new CEO of Citigroup, replacing interim-CEO Sir Winfried Bischoff.
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]