Investment Banking

Citi’s Malaga hub opens doors to 27 new analysts after 3,000 applications

Citigroup's Spanish hub aims to combat junior banker burnout with sun and sand

Some 59% of Citi's new junior recruits are male — and 41% female — and they come from 22 different nationalities
Some 59% of Citi's new junior recruits are male — and 41% female — and they come from 22 different nationalities Photo: Getty Images

Citigroup has formally launched its new hub for junior bankers in the Spanish city of Malaga, kicking off a programme designed to combat brutal long hours in dealmaking.

The US bank has now hired 27 analysts from an original stated target of 30 juniors, a spokesperson confirmed.

WSJ Logo
Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With TrumpExternal link

Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump