E*Trade Hires Citibank NA Chief

E*Trade Financial has appointed Peter Knitzer as president and vice president of its bank division.

E*Trade Financial has appointed Peter Knitzer as president and vice president of its bank division. In his new role at E*TRADE Bank, he has replaced Robert Burton, who is stepping down form his role at the end of March.

Prior to this, Knitzer served as Chairman and CEO of Citibank North America, a division of Citigroup. He has also held variety of senior positions at Chase, American Express and Nabisco.

Click here for the release from Business Wire.