#banking-leadership

#banking-leadership

Citi has a new group of senior leaders joining its highest ranks. On Wednesday, the bank announced 276 managing directors, elevating the class of leaders to its highest rank below the C-suite. This year's class includes 55 promotions in markets, 45 in banking, 40 in wealth, and 33 in services, the bank's unit that helps clients manage and move money globally.

Former chancellor George Osborne has been shortlisted as a shock candidate to become the next chairman of HSBC Holdings, one of the most powerful and prestigious roles in global banking, according to reports. Sky News revealed that Osborne - who served as chancellor from 2010 to 2016 - was approached over the summer as part of HSBC's year-long search to replace outgoing chair Sir Mark Tucker. City sources say he is now among three remaining contenders being considered by the board.