Text size Amid economic volatility, Ida Liu says Citi Private Bank has been advising clients to take a “defensive” stance, shifting money toward fixed-income assets, private equity, and dividend-paying stocks in growth sectors such as healthcare. Liu, 46, became global head of Citigroup ’s private-banking division in 2021, after leading Citi Private Bank North America. With 52 offices in 20 countries, Citi Private Bank provides financial services to ultrahigh-net-worth clients.