Citi's wealth division saw a nearly five-fold increase in new investment assets in the first quarter. CEO Jane Fraser said the firm has "real horsepower and firepower in our investment capabilities."

The Citi wealth head calls for caution even though the market's "peak shock" may have passed.

A partnership between Citigroup and Silverfern to serve exclusive private equity deals to ultrarich clients collapsed after years of tension and litigation.

Citi's proxy statement praises its head of wealth for bringing in net new assets and talent.

The near-blunder occurred in the same month that another part of the bank accidentally credited $81 trillion to a different client.

Banks' latest annual reports, filed in the early weeks of the second Trump administration, provide a window into how the industry is adjusting to a new political climate.

The hiring comes roughly a month after Ida Liu resigned and the firm embarked on a regional restructuring.

Citi CEO Fraser announces the end of the diversity, equity and inclusion initiatives it had started a mere three years before.

Up from $26 million in 2023, Jane Fraser's compensation last year saw the largest increase so far among heads of big U.S. banks.

Citi's head of wealth said the firm is already working with a quarter of the billionaires in the world through its private bank. Now it just needs them to entrust it with managing more of their money.