Workflow #1947
✓ CompletedType: scraped_article_processing
Started: December 03, 2025 at 10:50:21 PM
Completed: December 04, 2025 at 12:37:16 PM
Completed in 826m 54s
Triggered by: ingestion
Job Pipeline
clean_markdown_article
✓ completed→
analyze_article
✓ completed→
extract_entities
✓ completed→
analyze_sentiment
✓ completedclean_markdown_article
✓ CompletedPending
analyze_article
✓ CompletedPending
extract_entities
✓ CompletedPending
analyze_sentiment
✓ CompletedPending
Workflow Context
title:Citigroup promotes 276 employees to managing director in smallest class since 2020
source:Reuters
content:
The Citigroup Inc (Citi) logo is seen at the SIBOS banking and financial conference in Toronto, Ontario, Canada October 19, 2017. Picture taken October 19, 2017. REUTERS/Chris Helgren Dec 3 (Reuters) - Citigroup [(C.N), opens new tab](https://www.reuters.com/markets/companies/C.N) said on Wednesday it has promoted 276 employees to managing director roles in 2025, the smallest class in five years.
The Wall Street firm announces managing director promotions every year, the highest officer title at the bank.
Sign up [here.](undefined?location=article-paragraph&redirectUrl=%2Fbusiness%2Ffinance%2Fcitigroup-promotes-276-employees-managing-director-smallest-class-since-2020-2025-12-03%2F)
The new MDs come from 21 countries, with nearly 49% of them from North America. Women accounted for about 28% of the class.
Citi's markets unit led this year's promotions with the bank elevating 55 employees to MD as well as 45 in the banking division.
In October, the markets business reported a record third quarter, with revenue jumping 15% to $5.6 billion.
Citi shares have rallied more than 50% so far this year, outperforming a broader index tracking large-cap banks [(.BKX), opens new tab](https://www.reuters.com/markets/quote/.BKX).
Last year, Citi had promoted 344, 304 in 2023, 331 in 2022 and 306 in 2021.
Reporting by Arasu Kannagi Basil in Bengaluru; Editing by Krishna Chandra Eluri
Our Standards: [The Thomson Reuters Trust Principles., opens new tab](https://www.thomsonreuters.com/en/about-us/trust-principles.html)
* Suggested Topics:
* [Finance](/business/finance/)
Share
* X
* Facebook
* Linkedin
* Email
* Link
Read Next
---------
* ago[Businesscategory](/business/)
[Morgan Stanley exec expects broad surge in M&A](/business/morgan-stanleys-co-head-investment-banking-assomull-expects-more-financial-ma-2025-12-03/)
[](/business/morgan-stanleys-co-head-investment-banking-assomull-expects-more-financial-ma-2025-12-03/)
* ago[Financecategory](/business/finance/)
[AI investment, M&A poised to increase corporate financing needs next year](/business/finance/barclays-exec-says-top-five-tech-firms-could-need-100-bln-funding-next-year-2025-12-03/)
[](/business/finance/barclays-exec-says-top-five-tech-firms-could-need-100-bln-funding-next-year-2025-12-03/)
* ago[Financecategory](/business/finance/)
[Notable quotes from finance and markets speakers at the Reuters NEXT conference](/business/finance/notable-quotes-finance-markets-speakers-reuters-next-conference-2025-12-03/)
[](/business/finance/notable-quotes-finance-markets-speakers-reuters-next-conference-2025-12-03/)
* ago[Financecategory](/business/finance/)
[How hedge funds performed in a volatile November](/business/finance/how-hedge-funds-performed-volatile-november-2025-12-03/)
[](/business/finance/how-hedge-funds-performed-volatile-november-2025-12-03/)
* ago[Financecategory](/business/finance/)
[Exclusive: European Rearmament Bank seeks merger with JPMorgan-backed rival multilateral lender](/business/finance/european-rearmament-bank-seeks-merger-with-jpmorgan-backed-rival-multilateral-2025-12-03/)
[](/business/finance/european-rearmament-bank-seeks-merger-with-jpmorgan-backed-rival-multilateral-2025-12-03/)
[](https://www.lseg.com/en/data-analytics/products/workspace?utm_source=reuters.com&utm_medium=articlebanner&utm_campaign=Reuters_ProductPage_Links)
----------------------
* [](/business/morgan-stanleys-co-head-investment-banking-assomull-expects-more-financial-ma-2025-12-03/)
### [Morgan Stanley exec expects broad surge in M&A](/business/morgan-stanleys-co-head-investment-banking-assomull-expects-more-financial-ma-2025-12-03/)
[Businesscategory](/business/) · December 3, 2025 · 10:30 PM UTC · ago
Morgan Stanley is seeing a strong deal pipeline next year for mergers, acquisitions and IPOs, its co-head of investment banking, Mo Assomull, said on Wednesday.
* [](/business/aerospace-defense/german-french-spanish-ministers-meet-fcas-december-11-says-source-2025-12-03/)
[Aerospace & Defensecategory](/business/aerospace-defense/)[Germany, France, Spain to tackle fighter dispute next week, says source](/business/aerospace-defense/german-french-spanish-ministers-meet-fcas-december-11-says-source-2025-12-03/)
10:29 PM UTC
* [](/world/india/india-cyber-safety-app-mandate-breach-privacy-main-opposition-party-tells-2025-12-03/)
[Worldcategory](/world/)[India revokes order to preload cybersecurity app on smartphones](/world/india/india-cyber-safety-app-mandate-breach-privacy-main-opposition-party-tells-2025-12-03/)
10:28 PM UTC
* [](/technology/fintech-firm-marquis-notifies-affected-business-after-ransomware-breach-2025-12-03/)
[Technologycategory](/technology/)[Fintech firm Marquis notifies affected business after ransomware breach](/technology/fintech-firm-marquis-notifies-affected-business-after-ransomware-breach-2025-12-03/)
10:27 PM UTC
* [](/sustainability/boards-policy-regulation/push-is-us-congress-impose-ban-lawmaker-stock-trades-2025-12-03/)
[Sustainabilitycategory](/sustainability/)[Push is on in US Congress to impose ban on lawmaker stock trades](/sustainability/boards-policy-regulation/push-is-us-congress-impose-ban-lawmaker-stock-trades-2025-12-03/)
10:26 PM UTC
article_id:2779 →
content_type:article