Jobs for Bankers Go Begging at Off-Limits Club

by Benjamin Domenech on 10:42 am May 21, 2009

May 20 (Bloomberg) — If you want to find people with banking experience, one of the last places to look is inside the boardrooms of the country’s biggest banks. Citigroup Inc. recently appointed four new directors with significant banking or investing backgrounds. Yet such directors still represent less than a third of the industry’s independent board members. The government, meanwhile, is pressing Bank of America Corp. to expand banking experience on its board, according to reports.

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