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Based on previous WSO threads, discussions about Citi's groups often touch on culture, hiring practices, and exit opportunities. While there isn't a specific mention of Citi's ICM group in the context provided, here's a general approach to your questions:

• Culture: The culture of groups within Citi can vary, but there's a mention that the culture in general seems promising. It's important to note that culture can be subjective and may differ from team to team.

• Hiring: Citi, like many other banks, typically hires from a pool of university graduates, often targeting those with relevant internships or strong academic backgrounds in finance or related fields. They may also consider experienced hires with relevant industry experience.

• Exit Opportunities: Exit opportunities can depend on the specific group within Citi. For example, the FIG group is noted to be strong and may offer good exit opportunities. Generally, working in a capital markets role can lead to opportunities in areas such as private equity, hedge funds, or corporate finance, depending on the experience gained.

• Lateral Moves: Lateral moves within Citi or to other firms are possible. The process usually involves networking internally, expressing interest to the desired group, and aligning with the bank's policies on internal mobility. It's often easier to move within the same location than between offices.

If you're considering a lateral move, it's advisable to network with individuals in the group you're interested in, understand the requirements for a move, and be aware of the timing, especially around bonus season and headcount considerations.

For more detailed insights, you might want to check out the WSO Company Database or the Lateraling Guide for Investment Banking on the WSO website.

Sources: Questions Around Internal Mobility & Lateraling Groups, Best groups in Citi CMO?, Citi - Culture of Groups, Capital Markets Analyst Trying to Lateral--Advice?, Lateraling Guide for Investment Banking