Citigroup (C) Cuts Investment Banking Analyst Program To Two Years

Citigroup (NYSE:C) is shortening its investment banking analyst program to two years as part of a new talent approach. The bank is rolling out AI tools to automate repetitive tasks for junior bankers and reshape early-career workloads. Management is tying the AI rollout to faster promotion paths for high-performing analysts to counter competition from private equity firms. Citi's compressed analyst track and AI-driven workflow changes only capture part of today's shift in junior banker...