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Citigroup Asks Private Bankers to Rethink China Travel

Citigroup Asks Private Bankers to Rethink China Travel

    Citigroup Asks Private Bankers to Rethink China TravelCitigroup’s move came after UBS and Julius Baer Group Ltd. imposed similar restrictions on staff travel after the incident, other people familiar with the matter said on Friday. The UBS wealth manager, who focuses on China, delayed her departure after being asked to meet with local officials on an unknown matter, a person familiar with the issue said. Citigroup’s curbs was earlier reported by Reuters, which said that Standard Chartered Plc and JPMorgan Chase & Co. have also asked their private banking employees to curb travel to China.




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