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Citigroup Said to Mull Raising Junior Banker Salaries About 20%

Citigroup Inc., the third-biggest U.S. bank, is considering whether to increase salaries for some junior bankers by about 20 percent, according to a person with knowledge of the matter.

The move would affect analysts and associates at the New York-based firm, which hasn’t yet decided what regions would be covered, the person said, requesting anonymity because the deliberations are confidential.