Investment bankers have ‘work-from-beach’ dreams crushed after Citi shutters its Málaga office

Quick Summary:

Economic headwinds may force junior employees to prioritize job security over work-life balance.

Then in January, Carter Anthony McIntosh, a 28-year-old associate at Jefferies, died from a suspected drug overdose after reportedly working similar hours.

Young investment bankers have long been faced with a trade-off: Work punishing hours for big money.

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Article Details

Author / Journalist: Greg McKenna

Category: EconomyBusiness

Markets: United States

Topics: Spain Citigroup Burnout Investment banking Jane Fraser Battle for Talent

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-25 @ 16:21:40 (1 days ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 688 words

Reading Time: 4 minutes read

Sentences: 4 lines

Sentence Length: 172 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 28209127

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About Fortune

Main Topics: EconomyBusiness

Official Website: fortune.com

Update Frequency: 7 posts per day

Year Established: 1929

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

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