In 2022, as junior investment bankers complained of burnout from a record-breaking dealmaking boom, Citigroup had a solution for bringing in and retaining new talent: a better work-life balance working in Spain’s Costa del Sol.
The US bank hired 27 analysts to work from a newly opened office in Málaga — a city favoured by tourists and Spaniards alike for its cocktail of sun, sea, restaurants and bars — promising eight-hour days and free weekends.
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Financial Times