download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily.
Read previewAndy Sieg has been quick to make his mark on Citi's ailing wealth unit since taking over the business in September.
Some of his efforts are paying off, such as pushing investment products for existing clients to reduce reliance on loans and deposits.
AdvertisementIn late September, Citi promoted its North American investment head, Kris Bitterly, to a new role overseeing investments globally.
Adding investment assets has become a bigger part of private banker bonuses, according to The Wall Street Journal.
Persons:
—, Andy Sieg, Mark Mason, Mason, Jane Fraser, Fraser, Kris, Sieg, Hale Behzadi, Merrill Lynch, Don Plaus
Organizations:
Service, Revenue, Business, Citi, London, North, Wall Street