Citi Private Bank

Citi Unifies Global Wealth Management Business

Wednesday, January 13, 2021 - 10:01pm

Citi announced today that it has created a single wealth management organization, Citi Global Wealth, unifying wealth management teams in Global Consumer Banking (GCB) and the Institutional Clients Group (ICG).

Key Points: 
  • Citi announced today that it has created a single wealth management organization, Citi Global Wealth, unifying wealth management teams in Global Consumer Banking (GCB) and the Institutional Clients Group (ICG).
  • Citi Global Wealth is a single, integrated platform serving clients across the wealth continuum, from the affluent segment to ultra-high net worth clients.
  • This new organization will be led by Jim ODonnell and will include the Citi Private Bank and Citi Personal Wealth Management.
  • Our clients are increasingly global in their presence and in their financial needs, and we are committed to helping them preserve and build wealth for themselves, their families and for future generations, said Jim ODonnell, Head of Citi Global Wealth.

UBS Private Wealth Management Hires USD 1.7bn Philadelphia-Based Financial Advisor Team

Monday, December 21, 2020 - 3:00pm

UBS Private Wealth Management (PWM) today announced that Private Wealth Advisors Scott Belveal and Adam Lambert will be joining UBS.

Key Points: 
  • UBS Private Wealth Management (PWM) today announced that Private Wealth Advisors Scott Belveal and Adam Lambert will be joining UBS.
  • Scott, Adam and their team bring decades of experience working with Ultra High Net Worth clients and we are pleased to welcome them to UBS, said Julie Fox, Northeast Private Wealth Market Head at UBS Global Wealth Management.
  • As the world's largest wealth manager, UBS Global Wealth Management provides comprehensive advice, solutions and services to wealthy families and individuals around the world.
  • Clients who work with UBS benefit from a fully integrated set of wealth management capabilities and expertise, including wealth planning, investment management, capital markets, banking, lending and institutional and corporate financial advice.

Citi Names Elissar Farah Antonios as the first woman to run its MENA Operations

Wednesday, December 9, 2020 - 1:19pm

DUBAI, UAE, Dec. 9, 2020 /PRNewswire/ -- Citi is pleasedto announceElissar Farah Antonios as Head of the MENA Cluster.

Key Points: 
  • DUBAI, UAE, Dec. 9, 2020 /PRNewswire/ -- Citi is pleasedto announceElissar Farah Antonios as Head of the MENA Cluster.
  • As MENA Cluster Head, Elissarwill assumeoverall responsibility for drivingCiti'sbusiness in the MENA region.
  • The Middle East & North Africa (MENA) region is among the fastest growing inCiti'sEM portfolio, where Citi has a market leading franchise.
  • Elissar joined Citi in 2005 as Head of Citi Private Bank in Abu Dhabi.

Citi Names Elissar Farah Antonios as the first woman to run its MENA Operations

Wednesday, December 9, 2020 - 1:18pm

DUBAI, UAE, Dec. 9, 2020 /PRNewswire/ -- Citi is pleasedto announceElissar Farah Antonios as Head of the MENA Cluster.

Key Points: 
  • DUBAI, UAE, Dec. 9, 2020 /PRNewswire/ -- Citi is pleasedto announceElissar Farah Antonios as Head of the MENA Cluster.
  • As MENA Cluster Head, Elissarwill assumeoverall responsibility for drivingCiti'sbusiness in the MENA region
    Citi's global network is one ofthe keydifferentiators, and the emerging market accessCiti provides itsclients is unparalleled.
  • The Middle East & North Africa (MENA) region is among the fastest growing inCiti'sEM portfolio, where Citi has a market leading franchise.
  • Elissar joined Citi in 2005 as Head of Citi Private Bank in Abu Dhabi.

Citi Private Bank Issues Outlook 2021: The New Economic Cycle: Investing for a Post-COVID World

Friday, December 4, 2020 - 4:36pm

Citi Private Bank has released its Outlook 2021: The New Economic Cycle: Investing for a Post-COVID World.

Key Points: 
  • Citi Private Bank has released its Outlook 2021: The New Economic Cycle: Investing for a Post-COVID World.
  • Citi Private Bank expects 2021 will benefit from an economy that demonstrated resilience in the face of the worst global healthcare crisis in more than a century.
  • 2020 was an opportunity for the world to test drive the future and make way for growth as the pandemic ebbs.
  • Citi Private Bank is dedicated to serving worldly and wealthy individuals and families, providing customized private banking across borders.

Citi Private Bank Law Firm Group and Hildebrandt Consulting Issue 2021 Citi Hildebrandt Client Advisory

Tuesday, December 1, 2020 - 12:00pm

Citi Private Bank Law Firm Group and Hildebrandt Consulting today released their 2021 Citi Hildebrandt Client Advisory, which establishes the broad landscape for the law firm industry, how firms are responding to industry challenges, including the Covid-19 pandemic and resulting economic recession, and their best opportunities for growth in the year ahead.

Key Points: 
  • Citi Private Bank Law Firm Group and Hildebrandt Consulting today released their 2021 Citi Hildebrandt Client Advisory, which establishes the broad landscape for the law firm industry, how firms are responding to industry challenges, including the Covid-19 pandemic and resulting economic recession, and their best opportunities for growth in the year ahead.
  • Our analyses and projections are based on data collected from a sampling of primarily US-headquartered law firms by Citi Private Bank, as well as conversations with law firm leaders.
  • Surveys conducted during March to October 2020; and the Law Firm Leaders Confidence Index which reports the forward-looking opinions of law firm leaders from 166 firms.
  • Citi Private Bank is dedicated to serving worldly and wealthy individuals and families, providing customized private banking across borders.

Citi Private Bank Survey Finds Caution, Cash Conservation and COVID-19 Driving Investor Sentiment Into 2021

Tuesday, September 22, 2020 - 4:15pm

Stephen Campbell, Managing Director and Chairman, Private Capital Group, Citi Private Bank noted: Our findings capture the sentiment of respondents from all regions of the globe.

Key Points: 
  • Stephen Campbell, Managing Director and Chairman, Private Capital Group, Citi Private Bank noted: Our findings capture the sentiment of respondents from all regions of the globe.
  • Citi Private Bank serves more than 1,400 family offices and private investment companies in more than 80 countries.
  • The Private Capital Survey 2020 was conducted as part of Citi Private Banks 2020 Family Office Leadership Program, held from 15 June to 8 July 2020.
  • Citi Private Bank is dedicated to serving worldly and wealthy individuals and families, providing customized private banking across borders.

Citi Private Bank Issues Mid-Year Outlook 2020, Investing in a New Economic Cycle

Thursday, June 4, 2020 - 8:07pm

Citi Private Bank today released its Mid-Year Outlook 2020 report, Investing in a New Economic Cycle.

Key Points: 
  • Citi Private Bank today released its Mid-Year Outlook 2020 report, Investing in a New Economic Cycle.
  • Citi Private Bank expects a more rapid economic rebound than many others.
  • The global investment landscape has changed dramatically as a result of the pandemic, said David Bailin, Chief Investment Officer, Citi Private Bank.
  • Citi Private Bank is dedicated to serving worldly and wealthy individuals and families, providing customized private banking across borders.

New Citi Private Capital Group at Citi Private Bank is Helping Clients Navigate Uncertainty in Global Markets

Wednesday, June 3, 2020 - 1:30pm

Citi Private Bank recently formed the Citi Private Capital Group to provide institutional service to private investment companies, family offices and pools of private capital.

Key Points: 
  • Citi Private Bank recently formed the Citi Private Capital Group to provide institutional service to private investment companies, family offices and pools of private capital.
  • As part of Citis Institutional Clients Group, the Citi Private Capital Group is able to provide clients with institutional access and opportunities in both the public and private markets.
  • As the worlds wealthiest individuals, families and their family offices continue to evolve, their needs are changing, said James Holder, Global Head of Citi Private Capital Group, Citi Private Bank.
  • Citi Private Bank clients also have access to its Global Investment Lab, a 40-person team dedicated to providing institutional-level portfolio analytics to eligible private clients.

Worth Magazine Names Chief Wealth Strategist Alvina Lo of Wilmington Trust to Groundbreakers 2020 List

Friday, March 6, 2020 - 1:15pm

"We are so proud, but not surprised that Alvina has joined the illustrious ranks of other groundbreaking women," said Doris Meister, Head of Wealth Management, Wilmington Trust.

Key Points: 
  • "We are so proud, but not surprised that Alvina has joined the illustrious ranks of other groundbreaking women," said Doris Meister, Head of Wealth Management, Wilmington Trust.
  • As highlighted in the magazine, "Lo isone of very few Asian American women who've made it to the post of chief wealth strategist."
  • Prior to joining Wilmington Trust, Alvina was the director and senior wealth planner for Citi Private Bank where she served as an advisor to U.S. and international ultra-high-net-worth clients.
  • Previously, she served as a wealth strategist with Credit Suisse Private Wealth and managed the third-party trustee platform.