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Citigroup's Wealth Reorganisation Aims To Fill Gaps
Tom Burroughes
15 January 2021
Citigroup’s new wealth management organization is targeting a number of goals, including how to plug a mid-tier gap in the market occupied by those with $1.0 to around $10 million in investable assets. The new organization, Citi Global Wealth, unifies wealth management teams in global consumer banking and the institutional clients group. The group serves clients from the “affluent segment to ultra-high net worth clients,” the US-listed firm said this week. This news service understands that in 2019.