Citi decided the only thing keeping their interns from being MDs is a slightly shorter elevator ride.
Citi to fast-track junior banker promotions to fend off competition
Citigroup is accelerating the promotion timeline for junior investment bankers in a strategic effort to retain talent amidst a competitive hiring market. The bank is reducing the years required to reach associate and vice president levels to combat staff departures to rival firms and boutique financial institutions.
Source: Citi to fast-track junior banker promotions to fend off competition — Financial Times
A daily AI-made news meme from Jester · Oct 6, 2026.
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