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Citigroup Private Bank Hires to Promote UHNW Market in the UK

Contributing Editor

22 March 2005

Citigroup Private Bank in London has hired Giles Crowe and Nicholas Parker from Barclays Private Bank to focus on developing the UK onshore and offshore ultra-high net worth market. Both positions are newly created. Both will be directors and report to Peter Charrington, managing director of the UK private banking business of Citigroup. “Giles and Nicholas have a background in the UK private banking market stretching over 20 years at Coutts, Merrill Lynch and most recently at Barclays Private Bank,” said Mr Charrington in an internal memo at Citigroup in London. He added: “They have a wealth of experience and proven track records in building significant portfolios for UHNW families in both the onshore and offshore UK markets.”