Pay
Citigroup Boosts Pay for U.S. Junior Bankers After a Record Year
This article is for subscribers only.
Citigroup Inc. increased pay for junior investment bankers in the U.S. after their division posted its best performance on record last year.
The New York-based company increased base salaries for first-year analysts to $110,000, while those in their second and third years will now receive $125,000, according to a person with knowledge of the matter. The changes also apply to analysts in the firm’s sales and trading divisions.