This wealth management section sits inside the Global Consumer Group at the US-listed banking titan; it deals with individuals with wealth up to $10 million. (For those with personal investable assets above that figure, they can be clients of the private bank, which has more of an ultra high net worth focus.) The wealth arm includes the Citigold Private Client and the Citigold businesses, both prominent brands.  

This publication recently met with wealth management business in 1997 based out of Singapore, clients have an increasingly global outlook and demand that their banks meet them and their needs where they are and whenever they want,” he said.

While some wealth management firms pride themselves on their “stand-alone” status, Garg makes it clear that being part of such a big banking group is part of his firm’s strength, and he likes to emphasise that fact. So far at least, Citi’s wealth management operation in EMEA is on the right track.