Citigroup Private Bank is still looking for a new head after Peter Scurtaro left the bank last October, according to a spokesman for the ban...

Citigroup Private Bank is still looking for a new head after Peter Scurtaro left the bank last October, according to a spokesman for the bank. But Citi has continued with its broader reshuffle with the appointment of Stephen Hopkins and Michael Even as joint heads of Citigroup Asset Management.

Mr Hopkins will continue as chief operating officer of Citigroup Asset Management. Prior to the new post he was also head of private bank asset management and lead global product management for the Citigroup Private Bank.

Mr Even will be global chief investment officer for Citigroup Asset Management and interim CIO for Citigroup Wealth Management, which includes the Citigroup Private Bank and Smith Barney. Citigroup Wealth Management’s head is Todd Thomson.