Market Chatter: Citigroup Shortens Analyst Program to Two Years From Three
MT newswire2026/10/05 13:2609:26 AM EDT, 10/05/2026 (MT Newswires) -- Citigroup (C) is reducing its investment banking analyst program to two years from three to retain junior bankers amid competition from private equity firms, Bloomberg reported Monday. According to the report, the move will accelerate junior bankers' path to greater responsibility and higher pay, while current third-year analysts will be promoted to associate Jan. 1, subject to performance. The change will shorten Citi's analyst-to-vice president track to 5 1/2 years from 6 1/2 years, the report added. Citigroup did not immediately respond to MT Newswires' request for comment. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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