Citi Private Bank Expands Bay Area Presence

New York and San Francisco, CA - 3 August 2016

Michael Liou joins Palo Alto office as Director and Investment Counselor 

Citi Private Bank announced today that Michael Liou has joined the firm’s Palo Alto office as Director and Investment Counselor. Mr. Liou will report to Michael Remak, Head of the Northern California Investments Team, Citi Private Bank. “Michael is a highly accomplished investment professional, private investor, entrepreneur, and board member,” said Mr. Remak.

“Michael brings an extensive network of individual and institutional client relationships to Citi. His appointment underscores our commitment to the Bay Area and broader Western region and we look forward to continuing to build on our rich history here,” said Hoyt Gier, Regional Market Manager, Western Region North, Citi Private Bank.

Mr. Liou joins Citi from Anvil Capital Advisors, where he served as founder and Chief Investment Officer. Prior to Anvil Capital Advisors, Mr. Liou spent 17 years at Goldman Sachs in Private Wealth Management, Securities and Synthetic Products. He holds a Master of Business Administration from NYU’s Stern School of Business, a Master of Science from Columbia University’s School of Engineering and Applied Sciences, and a Bachelor of Science from Brown University. Mr. Liou recently served on the Board of the San Mateo Public Library Foundation.

“I’m excited to be joining the Citi Private Bank team and look forward to leveraging Citi’s global platform to bring innovative financial solutions to our clients,” said Mr. Liou.

Citi Private Bank advises some of the world's wealthiest, most influential individuals and families. With $374 billion in global assets under management, the franchise includes 49 offices in 15 countries, serving clients across 139 countries. The firm offers clients products and services covering capital markets, managed investments, portfolio management, trust and estate planning, investment finance, banking and aircraft finance, as well as art and sports advisory and finance.

Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.

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