The US bank has opened its second Australian wealth hub in Sydney targeting wholesale investors. The move comes as its sales volumes of structured products for February reached a four-year high.
Following the launch of its first wealth hub in Melbourne in April 2019, Citi saw investment asset under management (AUM) increase by 12%. “Structured products make up a significant part of our offering to clients, as one of our most popular products,” Nandita D’Souza (pictured) , head of investment specialists at Citi Australia told SRP. 2021 has already seen impressive demand for structured products - Nandita D’Souza These products accounted for ‘a signi
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