People Moves
Who's Moving Where In Wealth Management? Citi Private Bank
The latest moves in wealth management across the UK, Europe, Middle East and Africa.
Citi Private Bank
Citi Private
Bank has hired a senior figure from Deutsche Bank for its
Zurich operations.
The US banking group appointed Thomas Steffen as a senior private
banker, reporting into Thomas Schlaus – another ex-Deutsche Bank
man - who leads the Zurich team.
At Deutsche
Bank, Steffen was previously responsible for wealth
management for UHNW clients, entrepreneurs and single family
offices in the German and Italian speaking parts of
Switzerland.
Schlaus joined Citi PB in March; at Deutsche Bank he was the
chief operating officer for key client partners in
Zurich.
Steffen began his career in the financial industry more than 30
years ago, serving institutional and private clients in the US,
Europe and Switzerland, working for Swiss and American
banks.
Citi has been present in Switzerland since 1963.
"We are strengthening our commitment to the Swiss market, marking
the next step in the transformation of our Zurich franchise into
the leading foreign private bank in Switzerland," James Holder,
Citi Private Bank head of Northern Europe and Family Office,
said.
