Hong Kong, 22 May 2026 – Citigroup plans to allocate a significant share of its global wealth management hiring to Asia, reinforcing the region’s importance in the US banking group’s strategy to build a larger, higher-return global wealth business.
Citi’s global wealth head Andy Sieg said the bank’s private banking business in Asia is the fastest-growing and most productive part of its private bank. The expansion plan comes as Citi looks to hire about 100 private bankers globally, alongside roughly 400 other specialists, as part of a broader effort to strengthen its wealth management platform.
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