Citigroup Inc. has now a new managing director and global head of its Internet banking. According to a report, Tom Mazzucco, a former managing director of UBS’ technology group and head of the Swiss bank’s Internet practice, took the position and will be based in Palo Alto, California, according to a memo dated June 15. New York-based Citigroup Inc. has the world’s largest financial services network
June 16 (Bloomberg) — Citigroup Inc. hired UBS AG’s Tom Mazzucco as managing director and global head of Internet banking, according to an internal memo.
Mazzucco, 43, who most recently was managing director in UBS’s technology group and head of the Swiss bank’s global Internet practice, brings 17 years of investment banking experience and will be based in Palo Alto, California, according to the June 15 memo, which was confirmed by spokesman Mark Costiglio.
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