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SMALL BUSINESS
Former BofA exec Bailin goes to Citi Private Bank
AP
NEW YORK -David Bailin, a former Bank of America executive, was named managing director of Citi Private Bank, Citigroup said Friday.
Bailin who led the alternative investment asset management group at BofA, will be responsible for expanding and distributing Citi Private Bank's investment products. He will also lead Citi's Tailored Portfolio Group, which provides asset management services.
Citi Private Bank provides wealth management services to high net worth customers.
Bailin will report to Jane Fraser, CEO of Citi Private Bank.
Ed Munshower, managing director of the Tailored Portfolio Group, will now report to Bailin.
Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
2009-10-09 18:41:21
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