Key position

Published: 19 April 2001 y., Thursday
The Citigroup Private Bank announced today that Frances Sevilla-Sacasa has been promoted to Head of the Latin American Market Region. Ms. Sevilla-Sacasa had formerly been Managing Director, Southeast Region Head for the U.S. division. Reporting directly to Peter K. Scaturro, Chief Executive Officer of The Citigroup Private Bank, Ms. Sevilla-Sacasa will remain in Miami and will also be responsible for managing The Private Bank offices throughout Latin America which includes offices in Argentina, Brazil, Chile, Mexico and Uruguay. On Monday, Citigroup announced its earnings which included a record quarter for The Private Bank with after tax net income of $97 million. This follows the previous record quarter established in the 4th quarter of 2000. According to Mr. Scaturro, "Client acquisition, earnings and cross-sell are all at record levels thanks to the commitment and dedication of all Private Bank employees." The Citigroup Private Bank, one of the largest private banking businesses in the world, provides personalized wealth management services for clients through 90 offices in 58 cities in 32 countries. The Citigroup Private Bank offers unmatched global reach, coupled with a full range of portfolio management and investment advisory services from Citigroup Asset Management, an array of structured lending and banking services, as well as expertise from the Global Corporate and Investment Bank.
Šaltinis: Business Wire
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

Gender equality is part of the solution to exit the crisis – new report

Both women and men have been hit by job losses in the downturn, says a new report adopted by the European Commission today. more »

Globalisation fund: Parliament backs aid to Sweden, Austria and the Netherlands

Unemployed car and construction workers in Sweden, Austria, and the Netherlands will get €15.9 million in EU Globalisation Adjustment Fund aid for training, self-employment and professional orientation services under a plan endorsed by Parliament in plenary on Wednesday. more »

Getting back to work

As the economy recovers, EU countries will need to phase out crisis measures. The question is when? more »

Commission approves public service compensation for Polish Post until 2011, subject to conditions

The European Commission has endorsed, under EU state aid rules, a Polish scheme intended to compensate the Polish Post for net losses incurred in discharging its public service obligations between 2006 and 2011. more »

EU and its Member States committed to make life easier for small companies

The European Commission reports good progress in the implementation of the Small Business Act (SBA) in 2009. more »

Commission approves € 230 million to cushion the impact of the economic crisis in 13 African and Caribbean countries

The European Commission approved the first financing decisions in favour of eleven African and two Caribbean countries for a total of € 230 million, including € 215 million under the so-called Vulnerability FLEX mechanism (V-FLEX). more »

Easier credit to help unemployed people start up businesses

Legal measures to make it easier for people who have lost or risk losing their jobs to get credit to start up their own businesses were backed by the European Parliament on Tuesday. more »

“The business sector wants long-term rules”

How can companies and industry help to stop climate change? This is one of the questions on the table when Sweden’s Minister for Enterprise and Energy Maud Olofsson attends the climate change conference in Copenhagen on Monday and participates in a panel discussion organised by Businesseurope. more »

Gas Coordination Group discusses the gas supply outlook and the emergency preparedness in the EU

In a meeting held today in Brussels, the Gas Coordination Group, under the chairmanship of the Commission, has discussed with Russian Gas Company Gazprom the gas supply and demand outlook and investment strategy of the company in both Russia and the EU. more »

Commission approves impaired asset relief measure and restructuring plan of Royal Bank of Scotland

The European Commission has approved under EU state aid rules the impaired asset relief measure and the restructuring plan of Royal Bank of Scotland (RBS). more »