Citigroup's Wealth Reorganization Aims To Fill Gaps

Tom Burroughes

14 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 investible 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 yesterday.

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