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.

Before it's here, it's on the Bloomberg Terminal.
LEARN MORE