American Banker18d
Citi revamps private bank's leadership following Ida Liu's exit
Effective immediately, Liu's role as global head will be eliminated, and Citi will instead focus its private bank ... of the recent firmwide organizational overhaul led by CEO Jane Fraser — is one of ...
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Citi’s Co-Chief Information Officer to Depart in Bank’s Latest Shuffle
He joined Citi in June 2024 to help fix the bank’s technology, which has lagged competitors. The New York-based bank is in the middle of a multiyear overhaul under Chief Executive Jane Fraser.
Federal workers have to make their decisions on buyout offers today
Millions of government workers have to decide whether to accept the new administration's resignation offer, but some are ...
Billionaire Stanley Druckenmiller Is Buying a High-Yield Warren Buffett Stock That Looks Like a Bargain Now
Over the past decade, Citigroup stock has underperformed peers Bank of America and JPMorgan Chase. As a result, it's trading at an ultra-low valuation of just 0.9 times its tangible book value. In ...
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Citi’s Ida Liu to Exit as Private Bank Is Overhauled
Those goals have been a hallmark of Citi Chief Executive Jane Fraser’s tenure ... will report to Sieg as part of the new structure.The family office group, led by Hannes Hofmann, will become ...
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Jennifer Piepszak exited JPMorgan’s CEO race. But there’s still one woman in the running to succeed Jamie Dimon
Both execs were viewed as prime contenders to take over from chief Jamie Dimon—a big deal in an industry where only one woman (Citi's Jane Fraser) has ever run a major bank. For a stretch ...