Citi has named UBS govt Richard Weintraub to steer its Household Workplace Group for the Americas, a part of the financial institution’s give attention to ultra-high-net-worth purchasers and their households and companies.

Weintraub, who’s scheduled to start out as group head Could 7, is at present an govt director at UBS, working within the firm’s International Household Workplace, based on his LinkedIn profile.

“Richard brings a deep understanding of the household workplace trade, sturdy relationships and a confirmed functionality to ship institutional options to household workplaces,” Ida Liu, head of Citi Personal Financial institution, and Hannes Hofmann, head of Citi’s Household Workplace Group, mentioned not too long ago in an inner memo asserting the appointment.