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Search resuls for: "Lananh Nguyen Jaiveersingh Shekhawat"


2 mentions found


☆ Citigroup hires BofA Merrill's head Andy Sieg to lead wealth unit
  + stars: | 2023-03-31 | by ( Lananh Nguyen Jaiveersingh Shekhawat | Lananh Nguyen | Jaiveersingh Shekhawat | ) www.reuters.com   time to read: +3 min
March 30 (Reuters) - Citigroup Inc (C.N) hired Andy Sieg to lead its global wealth arm, the lender said on Thursday, from Bank of America Corp (BAC.N), where he led the Merrill Wealth Management unit. Two years ago, Citigroup unified its various wealth businesses into a single organization led by Jim O'Donnell that included its private bank and personal wealth management divisions. Fraser signaled the bank's intention to become a global leader in wealth management at its investor day last year. "This is a fantastic opportunity to build a leading wealth management business at the world's most global bank at a time of massive wealth creation," he said in a statement. Sieg's departure prompted the appointments of Lindsay Hans and Eric Schimpf as co-leads of Merrill Wealth Management, Bank of America said in a separate statement.
☆ Citi hires BofA Merrill's head Andy Sieg to lead wealth unit
  + stars: | 2023-03-30 | by ( Lananh Nguyen Jaiveersingh Shekhawat | Lananh Nguyen | Jaiveersingh Shekhawat | ) www.reuters.com   time to read: +1 min
March 30 (Reuters) - Citigroup Inc (C.N) on Thursday it has hired Andy Sieg to lead its global wealth arm from Bank of America Corp (BAC.N), where he led the Merrill Wealth management unit. Two years ago, Citigroup unified its various wealth businesses into a single wealth management organization, which was led by Jim O'Donnell and included the Citi Private Bank and Citi Personal Wealth Management. At its investor day last year, Fraser signaled the bank's intention to become a global leader in wealth management. Sieg's departure led to the appointments of Lindsay Hans and Eric Schimpf as co-leads of Merrill Wealth Management, Bank of America said in a separate statement. Sieg joined Merrill Lynch in 1992 and had served as Merrill president since 2017.
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