Andy Sieg took over Citi's ailing wealth unit in September with a turnaround plan. Since then, its leadership ranks have been a revolving door.
9 ways rich real estate owners save big on taxes from putting mansions in trusts to donating rental property income
These far-fetched tactics to give real estate to heirs are perfectly legal, lawyers and bankers to the wealthy tell Insider.
Rich parents want to give to charity and leave more money to their kids. Here's how billionaire families do it.
BI talked to lawyers to the wealthy to find out how their philanthropic clients use charitable lead trusts to have their cake and eat it too.
Inside AI's transformation of Wall Street, according to 35 insiders at banks, hedge funds, and asset managers
Insiders from firms like Man Group and Goldman Sachs break down how the AI revolution is taking shape at some of the world's financial giants.
This scientist who worked for Jeff Bezos and Bill Gates is now a VC funding other 'mad scientists'
His venture fund, Deep Future, makes ambitious bets like solar panels in space and counts family offices and tech founders among its investors.
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Wall Street's summer reading list: 35 books to read poolside, picked by top investors, dealmakers, and traders
We compiled a list of books that top Wall Streeters have recommended over the years that have helped them get ahead.
Citi Wealth loses 17 bankers to BMO after Andy Sieg replaces the head of its fastest-growing business
Citi lost 17 bankers from its fastest-growing wealth business to BMO. The exodus follows the departure of unit head Naz Vahid.
Citi CEO Jane Fraser pledges to fix tech mess and appease regulators. Here's what she told analysts.
After Citi was fined $136 million, CEO Jane Fraser said the bank isn't taking any shortcuts to fix its tech.
Citi has 12,000 employees dedicated to pleasing regulators and fixing the bank's broken tech. It is going terribly.
Citi's giant "transformation" team can't fix the bank's regulatory issues quickly enough. Its leader is accused of pressuring an employee to hide data.
Meet the ex-Goldman Sachs partner behind the scenes of the Skydance-Paramount deal
Gerry Cardinale, an ex-Goldman Sachs partner, made his name as the Yankees' dealmaker. His portfolio includes Skydance, Paramount's buyer.
Here's how rich Americans give homes and country houses to their children and save big on estate tax
Taxpayers can put homes in trusts for decades and not pay estate tax on property appreciation. Interest rate hikes mean more bang for their buck.
How rich families use trusts that last as long as 1,000 years to save on taxes and benefit future heirs
With dynasty trusts, rich taxpayers can provide for 40 generations of heirs and shield assets from creditors and even their future heirs' ex-spouses.
The ultrawealthy can take loans to save millions on estate taxes. Here's the exclusive tactic they deploy to protect their inheritance.
Nothing is certain but death and taxes. But for America's wealthy, a savvy financial advisor can change how much you pay in estate tax and when.
How rich art collectors protect their masterpieces from beyond the grave — and save on taxes, too
Wealthy collectors want to make sure heirs or museums don't sell their art after they die. With the right lawyer, they can ensure their legacy.
Citi Wealth's horrible tech is infuriating clients and employees and endangering its turnaround
Citi has struggled with outdated tech for decades. In its ailing wealth division, employees and clients are paying the price.
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Andy Sieg left Merrill for a shot at being Citi's next CEO. Now he has to fix a barely profitable wealth business.
Citi's Andy Sieg has prepared for the C-Suite his whole career. It all hinges on fixing a bloated business struggling with layoffs and outdated tech.
Buy, sell, or hold: These 16 rising stars of Wall Street research are making bold calls in a frothy stock market
Colleagues, bosses, and investors pinpointed top talent to uncover finalists from across Wall Street firms and equity-research boutiques.
Financial advisors are 'pissed' about the pay they forfeited. Here is the law firm helping them claw it back.
Meet Ajamie, an 11-lawyer firm in Houston taking on banks with billion-dollar war chests. It's a booming business.
JPMorgan is making a big bet on AI. Here's how its private bankers are using it.
Here's how JPMorgan Private Bank is using generative AI, from saving advisors time to training new recruits.
Leaked Memo: The head of Citi's fastest-growing wealth business is leaving. Read Andy Sieg's announcement.
Naz Vahid is leaving Citi after running its wealth business for rich lawyers for 15 years. She's one of many senior execs to depart under Andy Sieg.