Citigroup Promotes Larsen Global Head of Retail Banking
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Citigroup Inc., the third-biggest U.S. lender, appointed Hong Kong-based Jonathan Larsen to global head of retail banking as Chief Executive Officer Vikram Pandit pushes deeper into Asia for revenue growth.
Larsen will keep his position as head of consumer banking for the Asia-Pacific region, according to an internal memo obtained yesterday by Bloomberg News. Jon Diat, a spokesman for New York-based Citigroup, confirmed the contents of the memo.