Citi Private Bank Continues to Build out Latin American Team

Nicholas Schmidt-Urzua joins New York office as Managing Director and Head of Multi-Asset Trading & Advisory

Citi Private Bank announced today that Nicolas Schmidt-Urzua has joined as a Managing Director and Head of the Multi-Asset Trading & Advisory team for Latin America. Mr. Schmidt-Urzua will be based in New York and report to Lisandro Chanlatte, Head of Investment Counselors for Latin America; and Adam Gross, Head of Multi-Asset Trading & Advisory for the Americas. In this capacity Mr. Schmidt-Urzua will be responsible providing complex trading solutions to the firm’s most sophisticated Capital Markets clients, including Active Traders and continuing to segment the bank’s client coverage model. “Nicolas has over 15 years of trading expertise, working with clients in Latin America and Europe. Acquiring the best talent to provide top tier coverage, content and execution underscores our commitment to our clients in the Latin American region,” said Mr. Chanlatte.

Mr. Schmidt-Urzua previously served as Head of the Global Investment Opportunities (GIO) for Latin America (excluding Brazil) at J.P. Morgan Private Bank. Prior to his GIO role in Latin America, Mr. Schmidt-Urzua held a similar position as the GIO Head in Geneva where he was responsible for building a $40 million revenue business for clients. Prior to J.P. Morgan he worked as an Investment Advisor with Credit Suisse in New York and Miami. Mr. Schmidt-Urzua holds an MBA from the Thunderbird School of Global Management, a B.S. in Business Engineering from the Universidad de Chile, as well as a Diploma in International Trade & Commerce from the University of California, Berkeley.

“Citi Private Bank is strongly committed to Latin America. This coupled with Citi’s institutional capabilities and open architecture investment platform, enables Citi to remain at the forefront as the key partner of choice for the most sophisticated families in the region,” said Mr. Schmidt-Urzua.

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.

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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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Media:Citi Private BankSophia Stewart, 212-816-7140Public [e-mail]