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Banking wrap: Citi wants calls logged, ABA issues guidance rules, BNPL on the rise

Image of an array of bank cash machines.
Photo: EyesWideOpen/Getty Images

Citi wants its private bankers to contact clients at least once every 90 days, and Michael Barr sees no liquidity problems across the banking system.

Citi is launching a requirement for its private bankers to document client calls in order to boost its underperforming wealth management division, people familiar with the matter told the Financial Times.

Private bankers must connect at least once every 90 days and submit call reports detailing every conversation with

“Enhancing