Citigroup's Head Of Wealth Andy Sieg Says Business Should Have Returns In Percentage In "Twenties"
Portfolio Pulse from Benzinga Newsdesk
Citigroup's Head of Wealth, Andy Sieg, stated at a conference that the business should aim for returns in the percentage 'twenties'.
June 12, 2024 | 6:38 pm
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Citigroup's Head of Wealth, Andy Sieg, has set an ambitious target for the business to achieve returns in the 'twenties' percentage range. This indicates a strong growth outlook and could positively impact investor sentiment.
The statement from a high-ranking executive about aiming for high returns suggests a positive outlook for Citigroup's wealth management business. This could boost investor confidence and potentially lead to a short-term increase in the stock price.
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