Citi's salary increases range from $15000 to $25000

In the first year, the basic salary of analysts will be raised to 100000 US dollars / year.

Citigroup will raise the basic annual salary of junior bankers in an effort to retain young people who work long hours during the epidemic.

Citi will raise salaries for project vice presidents, analysts and junior managers (associate) in banking, capital markets and consulting departments, according to a memo to employees seen by Bloomberg News. The salary increases range from $15000 to $25000, and the base salary for analysts will rise to $100000 a year in the first year, according to a person familiar with the matter.