Citigroup Inc. had what looked like the perfect way to grab a slice of the money flowing from wealthy individuals to private ...

More than a decade after its 2012 launch, Citi’s experiment has ended with disappointed billionaires, a bitter legal battle and a lesson on the pitfalls of marketing private assets.

Gaining more investment dollars is a key aim of a fresh revamp of Citi’s wealth unit under new head Andy Sieg. Specialists in private assets like Blackstone Inc. and KKR & Co. are making an even ...

Following his first full year on the job, Citi Wealth Head Andy Sieg is seeing his compensation rise by 15% to roughly $13 million.

Citigroup Inc. cut payouts to hundreds of top executives in the final round of a three-year special bonus program that tied their compensation to the bank’s progress on risk and regulatory matters.

Citi’s wealth unit turned a corner financially last year as the bank continued to invest aggressively in modernization. The segment saw revenues grow 7% year over year under the leadership of wealth ...

The segment saw revenues grow 7% year over year under the leadership of Head of Wealth Andy Sieg, an industry veteran recruited by Citi from Bank of America, where he served as president of ...