Citi names Teo to run APac business development group

The US bank is seeking to bridge the gap between global and private banking, appointing Ted Teo to facilitate services for HNWIs with institutional client needs.

US bank Citi has created an Asia-Pacific Business Development Group and named Ted Teo to run it to facilitate cross-selling between its global and private banking businesses in the region.

Teo took up the role as managing director in Hong Kong late last week, leading a team of one analyst and a support staff, AsianInvestor can confirm. The bank has similar roles in the US and Emea.

Citi Private Bank operates...

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