Citi hires two more private bankers from US Trust

NEW YORK, June 2 (Reuters) - Citigroup Inc's Citi Private Bank on Wednesday poached two private bankers from Bank of America Corp's U.S. Trust as part of the continued expansion of its San Francisco-area business.

Citigroup said Mark Immel, a 20-year veteran of U.S. Trust and JPMorgan Private Bank, will join as a managing director and Sandra Penner as a director. Penner, a private client manager in Walnut Creek, California, joined U.S. Trust in 2004 and spent 11 years at Bank of America after previous high-net worth stints at Goldman Sachs and Deutsche Bank/ Alex. Brown.

(Reporting by Joseph A. Giannone) Keywords: CITI/PRIVATEBANK ([e-mail]; [phone]; Reuters Messaging: [e-mail] ) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.