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Citigroup sets new rewards structure for banking and wealth referrals

Citigroup is revamping its referral incentives, shifting from shared revenue pools to direct payments for employees who generate cross-division business. The change underscores a broader push among universal banks to deepen collaboration across business lines, mirroring initiatives like Goldman Sachs’ “OneGS” and Morgan Stanley’s integrated firm strategy.

“Partnership awards recognise colleagues who champion ‘OneCiti’ through client introductions that generate incremental business wins for banking and wealth,”

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banking, rewards, wealth management, private banking