Citi Hires Wells Fargo’s Matt Brady for West Coast Private Bank

Citigroup Inc. hired Wells Fargo & Co.’s Matt Brady to help lead private banking on the US West Coast as the company seeks to expand offerings to the world’s wealthiest individuals.

Brady is joining Citigroup as a managing director and the high-net-worth regional market manager for the northern part of the region, according to a memo to staff seen by Bloomberg. He most recently led a 200-person team as regional managing director for Wells Fargo’s private bank, covering Northern California.

“The western north region represents a critical growth market for Citi Private Bank,” Tim Sullivan, managing director and head ...