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Citi is reportedly mulling a revamp that will impact its wealth management division

Citi is reportedly mulling a revamp that will impact its wealth management division
financial-planning.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financial-planning.com Daily Mail and Mail on Sunday newspapers.

United statesJane fraserPaco ybarraScott siefersBenjamin girette bloombergPiper sandlerAndy siegJim odonnellFinancial timesJimo donnellNew york based

fraser: Citi considers plan to split Institutional Clients Group in overhaul- FT

The plan would split the Institutional Clients Group into its three primary business segments: investment and corporate banking, global markets and transaction services, the FT report said. The new units will be run by their current heads, who would report directly to Fraser, the newspaper said.

Paco ybarraJane fraserInstitutional clients groupFinancial times

Citi considers plan to split Institutional Clients Group in overhaul- FT

Citi considers plan to split Institutional Clients Group in overhaul- FT
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Lavanya ahireJane fraserPaco ybarraDhanya ann thoppilNivedita bhattacharjeeInstitutional clients groupFinancial times

Citi mulls plan to split Institutional Clients Group in overhaul- FT

The plan envisages splitting the bank's Institutional Clients Group (ICG) into its three primary business segments: investment and corporate banking, global markets and transaction services, the FT report said, citing people familiar with the proposal. The Institutional Clients Group which provides financial services to institutional investors and governments is one of the biggest divisions of the bank. ICG generated more than 50% of the bank's $19.4 billion revenue in the second quarter.

Dhanya ann thoppilJane fraserLavanya ahirePaco ybarraNivedita bhattacharjeeInstitutional clients groupFinancial timesCorporate bankingInstitutional clientsBusiness segments

Citi Weighs Institutional Clients Group Split as Ybarra Exits, FT Reports

Citi Weighs Institutional Clients Group Split as Ybarra Exits, FT Reports
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Hong kongJane fraserPaco ybarraInstitutional clients groupBloomberg citigroup incChief executive officer jane fraserFinancial timesWall street