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Citigroup eyes Málaga hub expansion after junior banker burnout battle

The pilot programme of 27 investment banking analysts is set to expand into other functions

Citigroup is set to expand its Malaga office beyond investment banking

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Citigroup is set to expand its Málaga hub to include functions outside investment banking after the US lender hired analysts in the city last year in a bid to stem burnout in the junior ranks.

The US bank took on 27 investment banking analysts from top business schools on the continent in Málaga last year, in a new programme aimed at offering more work-life balance in a job that typically demands brutal 90-hour weeks.