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In the early 70's the "white shoe" world
of Private Banking had two players, Morgan Guaranty and U.S. Trust.
But there were thousands upon thousands of entrepreneurs of considerable
wealth - self made millionaires in need of sophisticated, responsive
and savvy help with their finances. They were uncomfortable in
the tradition-bound environments of Morgan and U.S. Trust.
With this campaign and one brochure, Citibank won 3,500 multi-millionaire
customers within 4 months. And for the first time in history,
Morgan and U.S. Trust were looking over their shoulder.
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