Citigroup (NYSE: C) on Thursday tapped two industry veterans to join the leadership of Citi Private Bank, according to Associated Press.
Richard Cookson was named chief investment officer for the unit that serves high-net-worth individuals. Alex Godwin was picked as global head of asset allocation.
Penny Stock Professor, a leading financial publication, is pleased to alert investors of stocks on the move. Sign Up for our Free Penny Stock Picks.
Cookson will be responsible for shaping investment strategy. He most recently worked as managing director and global head of asset allocation research for HSBC (NYSE: HBC), and previously worked at The Economist magazine.
Godwin, who will report to Cookson, will be responsible for guiding asset allocation and communicating investment themes to clients. He most recently worked as head of portfolio analysis for the Swiss private bank Lombard Odier. He previously held a similar post at Morgan Stanley Private Wealth Management.
Citi shares slipped 2 cents to $4.08 in afternoon trading.
Follow us on Twitter: http://www.twitter.com/pennystockspro
Sign up for the free Penny Stock Professor newsletter. To subscribe, enter your e-mail address into the frame at the bottom of this press release or visit our website.
About Us
Penny Stock Professor is a leading stock web site that allows investors and interested parties to research stocks that are on the move. We also track small cap companies that are on the brink of a financial breakout. To feature a company on our web site please contact us at the email listed below.
Please click here to read the full disclaimer.
