Telling interviewers that you interviewed for the same position last year?

Should I tell interviewers that I interviewed for the same position the previous year? Should I say that I have gained experience in my current job since my last interview? Or should I just act like this is my first investment banking analyst interview at the firm?

For example I had first round screenings with associates/analysts last year and I am getting another shot at interviews this year. Would they hold it against me if I didn't pass the screening last year? Doesn't that indicate the interview was bad?

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