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David Friedland, co-head of North America investment banking at Citi, says private equity firms are still aggressively poaching young bankers from Wall Street banks. He talks about Citiโs plan to accelerate promotions and provide higher pay to its junior bankers. (Source: Bloomberg)
Indian-born bankers have led global financial giants from Deutsche Bank AG and Citigroup Inc. to Barclays Plc. Yet at home, the countryโs lenders can face a string of challenges finding executives for the top job.