Citi targets Middle East ultra-rich with push to hire private bankers

Citi Private Bank to Ramp Up Hiring in the Middle East

In an effort to capitalize on the wealth boom in the Middle East, Citi will look to accelerate its recruitment efforts in the region. Citi is aiming to recruit private bankers in the Middle East, according to a «Bloomberg» report, including those who cover the Dubai, Saudi Arabia and Abu Dhabi markets. In April, it already appointed Carmen Haddad as vice chair for the region. «We are in growth mode, but going to be hiring in a disciplined way. A…

Citi targets Middle East ultra-rich with push to hire private bankers

Citigroup’s private bank is planning a hiring drive for the Middle East region as part of the Wall Street giant’s global expansion of its services to the ultra-wealthy.