Citi names Chubak to head consumer retail banking and mortgage

What is Private Banking vs. Retail Banking (14 mins) David Chubak, currently global retail banking head, will also oversee global branded cards and consumer lending. U.S. Business Citi’s head of global cards Jud. will leave and David Chubak.

Citigroup Inc.’s consumer-banking head has tapped a longtime colleague from the bank’s Asia unit to boost the retail business in the U.S. and shore up the firm’s mortgage operations.

 · Citigroup is shaking up its management to create “the bank of the future”. head of retail banking, and head of consumer banking for Asia Pacific, will.

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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.

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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.

 · Taking over as the Head of U.S. Mortgage, Ranjit Bhattacharjee will lead the growth of Citi’s Mortgage business in close partnership with Retail Banking.

Citi names Chubak to head consumer retail banking and mortgage 04/21/17 Citi has named David Chubak as head of global retail banking and mortgage for the global consumer bank, replacing Jonathan Larsen, who resigned late last year.

"People are willing to switch to a bank that is able to provide this kind of mobile-first experience," David Chubak, head of global retail banking and mortgage, said in a statement, citing.

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New-home sales climb for a third straight month in March Unsold inventory is at a 3.6-month supply at the current sales pace (3.8 months a year ago). According to Freddie Mac, the average commitment rate for a 30-year, conventional, fixed-rate mortgage increased for the sixth straight month to 4.44 percent in March (highest since 4.46 percent in December 2013) from 4.33 percent in February.

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 · Jane Fraser, the new head of Citigroup’s U.S. consumer and commercial unit, has promoted William Howle to run its U.S. retail bank. It’s a savvy move by Fraser, who is.