Citigroup's Robert Binney to retire

Citigroup's Robert Binney to retire

Robert Binney, the head of Citigroup's global transaction services business, is retiring from the bank on Friday.

He joined the bank in 1996 to lead the development of new securities business. In February 2004, Binney was appointed head of global client development for global transaction services.

Previous roles within Citigroup have included managing director and head of sales and account management in EMEA for the cross-border custody business of Citibank's global securities services.

Citigroup says Binney will have reached the age of 60 on Friday and will be stepping down from his role.

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