Citi Lowers Investment Banking Base?
Heard Citigroup used to bump their first year analysts from $85k base to $90k after the first 6 months, but did not this year. Can anyone confirm? Also overall what have senior analyst bonuses been like for the firm and versus street?
Not providing a raise after six months and lowering base salaries are two very different things.
Can anyone confirm the above?
Mark - If Citi has raised analyst base salaries in the same pattern for years, I think it's fair to ask why the change of pace.
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