Finance
Citi Reworks Its Private Bank as Head Leaves Firm After 18 Years
- Liu resigns after leading private bank for nearly four years
- Regional heads to report to Andy Sieg under new structure
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Citigroup Inc. is revamping the management structure of its private bank following the resignation of Ida Liu, who’s led the unit for almost four years.
A new structure, announced on the same day as Liu’s departure, will eliminate her current role and instead focus on four regional heads who will report directly to Andy Sieg, head of the wealth business.