Citi Private Bank has snagged a senior banker from rival JP Morgan Private Bank to lead the firms expansion in South Florida. Luke Palacio will join Citi Private Bank as managing director and regional market manager for the South East region on March 18 and will report to Paul Hubert, global market manager for the Eastern region. He will be based in Miami, the firm announced Monday.
In his new role, Palacio will look to expand the firms presence throughout South Florida beyond the key locations of Miami, Boca Raton and Palm Beach. He will also undertake a strategic focus on ultra-high-net-worth Latin American clients based in North America. In addition, he will support the expansion of Citi Private Banks Ultra High-Net-Worth Group across Latin American markets such as Chile, Argentina, Peru and Colombia, the bank said.
Register or login for access to this item and much more
All Financial Planning content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access