Citi Private Bank (C) announced that Steve Bodurtha will join as Managing Director and Head of Investments for North America. In this role. Bodurtha will be responsible for managing the investments platform for Citi Private Bank across the U.S. and Canada.
The company stated that Bodurtha joins from Bank of America Merrill Lynch where for many years he was Head of Investment Products for Merrill Lynch Wealth Management.
Most recently, he was Head of Institutional Retirement, Philanthropy & Investments for Bank of America Merrill Lynch, the company said.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.