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Citi Says Private Equity Hasn’t Slowed Poaching of Bankers
Source: Bloomberg
Private Markets & VentureManagement & GovernanceCompany Fundamentals
Citi plans to accelerate promotions and increase pay for junior bankers as private equity firms continue aggressively recruiting young bankers from Wall Street banks, according to co-head of North America investment banking David Friedland. The report gives no compensation figures or specific financial impact.
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