Citigroup Promoting Offering Automatic Promotion to Full-Time for Most Intern Graduates

Citigroup (NYSE: C) is bolstering its ranks by offering full-time positions to many of its current interns, a spokesman for the big banking conglomerate said on Thursday. The current crop of interns will be offered such work once they graduate. Those currently enrolled in the company's internship programs in New York, London, Hong Kong, Singapore, and Tokyo will be given the option of going full-time at that point.

Currently, about 75% of Citigroup's summer interns serve in those locations. The rest will be considered for full-time positions. 

The bank said it will also pay its current interns for the full 10 summer weeks they had been expected to work.

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Source Fool.com