Wealth Management

JPMorgan, Citi, HSBC shake up private banks: ‘We’ve seen more people move than in a long time’

Veterans like Ida Liu and Annabel Spring have left. Banks now have some big vacancies to fill

Wednesday 12 February 2025 at 12:23

Musical chairs: Annabel Spring; Andy Sieg; Gabriel Castello and Oliver Gregson have all moved roles
Musical chairs: Annabel Spring; Andy Sieg; Gabriel Castello and Oliver Gregson have all moved roles

Private banks have been shaking up their senior ranks. Citigroup, HSBC and Deutsche Bank have all overhauled their global leadership in recent months. 

Teams have been reorganised around new department heads, while top roles have been split and, in some cases, axed.