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Terminal News·Council··1 min read

Citigroup shortens analyst program to two years

Citi reduced its investment banking analyst program from three years to two to combat poaching by private equity and rivals.

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Palanor Wire · composed from 3 outlets · every claim links to its sources

What happened

Citigroup announced it will shorten its investment banking analyst program. 13 The program will be cut to two years. 23 The announcement was made on October 06, 2026. 1

Why it matters

The move aims to retain investment banking talent. 12 Private equity and rival firms recruit junior bankers earlier. 23

What to watch

Whether other banks follow with similar timeline cuts. 3

Sources · 3

  • [1]Citi cuts promotion timeline for junior bankers to curb talent poaching - report

    seekingalpha.com · via Marketaux

  • [2]Citi to speed up promotion path for junior bankers as hiring war heats up

    FT Companies

  • [3]Citigroup (C) Accelerates Analyst Promotion Cycle to Boost Talent Retention

    gurufocus.com · via Marketaux

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