Though revenue growth remains a challenge, Citigroup is still committed to its global wealth management expansion plan, CEO Jane Fraser said Friday. Andy Sieg is joining the bank from Merrill Lynch in September as head of global wealth management.
Citigroup bets on ex-BofA exec Andy Sieg s connections to revamp wealth unit streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Citigroup Inc s hiring of Andy Sieg, the incoming head of its wealth management unit, underscores the lender s ambitions in the business as well as the uphill climb it faces in gaining share in a
NEW YORK (Reuters) - Citigroup Inc's hiring of Andy Sieg, the incoming head of its wealth management unit, underscores the lender's ambitions in the business as well as the uphill climb it faces in gaining share in a competitive market. | 06:10pm
In a sudden shift, Merrill's leader of the past six years is heading back to rival Citi, where he will be head of global wealth and drive its expansion.