Merrill private wealth head delays retirement amid Andy Sieg's departure
Plaus had planned to leave the bank after March 31. But Merrill head Andy Sieg's sudden departure for Citigroup triggered an executive shuffle.
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Plaus had planned to leave the bank after March 31. But Merrill head Andy Sieg's sudden departure for Citigroup triggered an executive shuffle.
There's a risk the Merrill brand could be phased out over the next few years, says industry consultant Jeff Nash.
Plaus had planned to leave the bank after March 31. But Merrill head Andy Sieg's sudden departure for Citigroup triggered an executive shuffle.
In a sudden shift, Merrill's leader of the past six years is heading back to rival Citi, where he will be head of global wealth and drive its expansion.
Andy Sieg is out as the head of Merrill Lynch Wealth Management and will be returning to Citigroup, where he worked before joining Merrill.