Skip to main content

Signing Bonus Watch '14: Citigroup

  • Author:
  • Updated:

Mike Corbat has some miffed junior mistakers on his hands.

"Citi's new S&T associate class isn't getting a signing bonus. Many associates are already setting up spots at other banks or elsewhere. Everyone is astonished...the explanation we were given was that it's "market convention," but we've heard other banks still have signing in place. This is a very talented class...people are pissed."