Citigroup restructures private banking FX

PEOPLE NEWS

LONDON – Citigroup has restructured its private banking business and created a new regional head of FX role, the bank said last week.

Its new wealth management division for Europe, the Middle East and Africa combines 15 Citigroup Private Bank offices with Salomon Smith Barney private client offices in Amsterdam, Dubai, London and Madrid, though both banks will retain separate functions and focus on different kinds of clients.

Salomon Smith Barney, a subsidiary of Citigroup, previously operated

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