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...Separately Barbara Desoer, CEO of Citibank NA, the group’s primary banking subsidiary, is retiring in April and will be replaced by her chief operations officer Carey Lathrop, according to the same memo....
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...The fine was levied at three of its UK units: CGML, Citibank NA London branch, and Citibank Europe Plc UK branch....
...That faith and trust was smashed in the late 2000s, when the Bank of Scotland (then the merged Halifax Bank of Scotland, or HBOS) was taken over by Lloyds and Royal Bank of Scotland, near collapse, was bailed...
...Mr Lathrop was due to step up to become head of Citibank NA — but that job is being taken by Mary McNiff, Citi’s chief auditor....
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