Citigroup and Lehman Brothers today became the latest investment banks to unveil their new promotions to managing directors, but the percentage of women that made the cut was only in the low teens at both banks. Neither could give details on how many were from ethic minorities.

Citigroup promoted 35 women out of 258 managing directors, while Lehman promoted 23 out of 199. The banks announced the moves in full-page advertisements in the Financial Times today.