Citi Opens Haven For Junior Bankers in Málaga

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Every Wall Street wolf was once a pup, and being a junior banker is not for the faint of heart. All-nighters spent staring at excel sheets, pumping out aesthetically pleasing charts, and aligning logos on pitch books are a right of passage for fresh-faced grads.

All banks fret about being able to woo and hang on to enough of them. Citi has a plan -- on Wednesday the investment bank opened a new hub for junior bankers in the idyllic beach town of Málaga, Spain. Is it a PR stunt, or a sustainable program? Depends on who you ask.

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Source Fool.com