Citi Private Banks Law Firm Group Adds Industry Veteran to Senior Leadership Team

Citi Private Bank’s Law Firm Group announced today the appointment of
Jeff Grossman as Head of Business Development for the Law Firm Group
effective July 16th, 2018. Mr. Grossman will be based in New
York City and report to Naz Vahid, Law Firm Group Head, Citi Private
Bank. “Jeff, like me, has been operating in this space for many years.
He is well respected and a sought after expert on trends in the law firm
industry. We are very happy to welcome him back and are confident that
his expertise will further complement the industry-leading brand we have
established with our clients,” said Ms. Vahid. He rejoins the firm after
14 years.

Mr. Grossman joins from Wells Fargo where he was one of the cofounders
of its Legal Specialty Group. He was the Senior Director of Banking for
the Legal Specialty Group where he led the banking, credit, deposits and
treasury management for the business. His remit at Wells Fargo also
included managing the advisory services which produced regular law firm
surveys from 180+ firms as well as merger & acquisition analysis. In
addition to his responsibilities as co-head of the Legal Specialty
Group, in 2005 Mr. Grossman founded the Specialty Finance Group; a
credit specialty business responsible for all underwriting of complex
credit, including life insurance premium finance, ESOP monetization,
art, complex securities (restricted stock, private stock and other
limited liquidity securities), sports, private equity and hedge fund
lending.

Prior to Wells Fargo, Mr. Grossman was at Citi Private Bank where he
held various roles within the Law Firm Group. He was previously the
Regional Leader for the Southeast, based in Miami, where he worked
closely with the Ultra High Net Worth and Latin American groups to
leverage the firm’s global capabilities to senior law firm leaders
throughout the Southeast. Mr. Grossman also led the first syndication
deal for Citi’s Law Firm Group.

Previously he worked in structured finance at IBJ Schroder Bank & Trust
Company and in corporate banking at Barclays. He holds a B.S. and B.A,
in English and Economics from the University of Massachusetts.

“I am incredibly excited to return to Citi. The Law Firm Group at Citi
has a rich and storied history of almost 50 years serving the banking
needs of major law firms and law firm leaders in the U.S. and United
Kingdom,” said Mr. Grossman.

Citi Private Bank is one of the world’s fastest growing private banks;
dedicated to serving worldly and wealthy individuals and families,
providing customized private banking across borders. With approximately
$460 billion in global assets under management, the franchise includes
48 offices, serving clients across 116 countries. Citi Private Bank
helps clients grow and preserve wealth, finance assets, make cash work
harder, preserve legacies, and serve family and family business needs
through objective advice and a truly open architecture investment
platform. 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.

About Citi

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.

Additional information may be found at www.citigroup.com
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