Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Law Firm Group"


3 mentions found


Citi lost 17 bankers from its successful workplace-wealth group to BMO. from its successful workplace-wealth group to The exodus follows the exit of unit head Naz Vahid and at least 24 other senior wealth executives. The best-in-class unit lost 17 bankers on Friday to Bank of Montreal, two former senior executives told Business Insider. The exodus includes the head of the law firm business and interim head of Wealth at Work, Joe Ryan. This story is available exclusively to Business Insider subscribers.
Persons: Naz Vahid, Andy Sieg, , , Joe Ryan Organizations: Citi, BMO, Service, Citigroup, Bank of, Business Locations: Bank of Montreal
Read previewCiti's ailing wealth business has one bright spot: a division devoted to serving rich law-firm partners and other wealthy executives. She's one of at least 20 senior wealth executives to depart since Andy Sieg took over Citi's wealth business in September after leaving Merrill Lynch. AdvertisementAndy Sieg took over Citi's wealth division in September after leaving Merrill Lynch. Merrill LynchVahid's unit, Wealth at Work, is the smallest but fastest-growing part of Citi's wealth division. Naz then spearheaded the expansion of this successful model with the creation of Wealth at Work, a cornerstone of our Wealth business.
Persons: , Mehrnaz, Naz, Vahid, Andy Sieg, Merrill Lynch, Sieg, Naz Vahid, Andy Organizations: Service, Citi, Business, Wealth, Law Firm Group
One client, a law firm partner, refused to consider Oyesanya's suggestion of alternative investments. AdvertisementBanking to wealthy law firm partners is a desirable niche. Law firm partners averaged $1.12 million in compensation in 2022 according to a survey by recruiter Major, Lindsey & Africa, and top partners in Big Law can make more than $10 million a year. Now global head of JPMorgan's law firm and professional services group, Oyesanya is up against a formidable rival: her former employer. AdvertisementShe plans to strengthen JPMorgan's law firm group with the same ethos: serving customers well to earn their loyalty and their referrals.
Persons: Bola Oyesanya, Oyesanya, Wells, , We're, Major, Jamie Dimon, Bola, Philip Waxelbaum, Waxelbaum, She, I've, what's Organizations: Citi, JPMorgan, Service, Banking, Big, Financial Times, Wells, Lagos Law School, Ogun University, City Trust Merchant Bank, Partners Locations: Nigeria, Wells Fargo, Lindsey, Africa, York
Total: 3