Custom fit
February 01, 2012
Anastasia Donde
With Citigroup’s private bank focusing on ultrawealthy investors, consultationis in and one-size-fits-all is out.
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Frecentese: As long as there are these big macroeconomic issues, it’s going to be hard to care about microeconomics
Photographs: Dorothy Hong |
Like some fund-of-funds managers, Citi Private Bank has shifted into consulting mode with its clients, particularly when it comes to hedge funds.
In Citi’s case, the move away from a one-size-fits-all, off-the-rack type of offering largely reflects a change in who its clients are and how it caters to them. Following the...
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