Citi Joins Goldman in Asking Analysts to Disclose New Jobs (1)

Citigroup Inc. is asking its new class of investment-banking analysts to disclose whether they’ve already accepted a job offer from another firm, in the latest step by banks to clamp down on aggressive recruitment by private equity firms.

First-year analysts will be required to complete an “attestation” intended to “foster a fair and transparent environment,” according to a memo sent to analysts’ managers on Monday and seen by Bloomberg News. The attestation is expected to be a one-time form, but the bank might also ask analysts to repeat it annually, according to a person familiar with the matter.

Each analyst’s ...