Citi names Chubak to head consumer retail banking and mortgage

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The changes will also see David Chubak, previously head of global retail bank and mortgage, take on the role of head of retail banking and consumer lending globally.

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Citi has announced a new organizational structure and two new roles to in a bid to harmonise its operating model globally. Anand Selva is to be the head of US consumer banking. Currently head of consumer banking in Asia Pacific, Selva is a twenty-six year Citi veteran, with an unmatched depth and breadth of expertise in retail, wealth and cards.

Mr. Bird also said in the internal memo that Citigroup created a second new position, called head of retail banking and consumer lending, and appointed David Chubak to take on that job. Mr. Chubak takes the position, which is meant to unify retail-banking and branded-cards teams around the globe in a single unit, after serving as head of global.

He worked at Citibank. and retail banking businesses in Egypt. Aditya also worked at Capital One as head of risk for mortgage and business banking and then joined JPMorgan Chase as chief risk.

These smaller banks, with names like Cross River. Luckily for the new owners, the bank was "small and clean" and had none of the mortgage-backed security issues that brought down some of its peers.

Former Citi executive Frank Bisignano was the man Jamie Dimon turned to in 2011 for the unenviable task of fixing the bank’s stricken mortgage division in the. in June 2011 after nine years as head.

April 20 (Reuters) – Citigroup Inc on Thursday named David Chubak as head of global retail banking and mortgage for the Global Consumer Bank. Chubak will report to Stephen Bird, chief executive of.

@Citi. Serving as a trusted partner to our clients by responsibly providing financial services that enable growth & economic progress.. Not on Twitter? Sign up, tune into the things you care about, and get updates as they happen. Sign up.. Head of Global Retail Banking & Mortgage, David.

Consumer. Bank of Canada took center stage this week as they tightened policy for the first time since 2010, boosting its benchmark overnight rate by 25 basis points to 0.75%. The move was not 100%.