Wealth managers with diversified asset base will likely perform well because of limited impact of mark to market, according to Citi Research. Higher flows and lower mark to market supports average ...

The financial behemoth Citigroup (C) has raised CEO Jane Fraser’s pay by 33% to $34.5 million, recognizing her leadership in transforming ...

The private bank, which serves ultra high-net-worth individuals, family offices and law firms, is one of three divisions within wealth management. Sieg has been trying to build out Citi's wealth ...

Earnings season has 45 companies scheduled. Berkshire Hathaway’s earnings and Warren Buffett’s annual letter are scheduled for the holiday-shortened week. Lewis Altfest was one of the earliest ...

Liu's exit comes amid a broader restructuring of Citi's wealth management division under CEO Jane Fraser. Following Liu's departure, the bank plans to eliminate her role and implement a new management ...

He will also oversee the institutional wealth channel for Australia and New Zealand. McCarthy has 25 years of wealth and asset management experience, most recently as APAC head of alternative ...

When Karen Peetz, the bank’s chief administrative officer, retired in May 2023, Citi named Anand Selva as its chief operating officer, placing him in charge of the tech modernization Peetz had ...

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Ongoing efforts to modernize Citi’s technology put the bank in a position to “leapfrog” competitors the lender has fallen behind, Andy Sieg, Citi’s head of wealth, said this week. Bank of America ...