Young interns would rather be Steve Jobs than Jamie Dimon

Steve Jobs and Bill Gates

When Jorge Velasquez accepted an internship at Citigroup this summer, he wasn't dreaming about becoming the next Jamie Dimon. He's far more interested in following in the footsteps of Steve Jobs.

CNN Money reports that as a math whiz with a passion for economics, the rising college senior would seem to fit the mold for Wall Street.

But Velasquez was actually drawn to the Citi gig because he thought it would make him stand out if he applies for a job later at Google.

Like other young talent, Velasquez has become disillusioned by post-crisis Wall Street. He sees a better future in the California lifestyle and seemingly limitless potential offered by Silicon Valley firms.

'I like Google's innovation. I like working on products that will actually change the world. I don't think Wall Street has that appeal right now,' said Velasquez, 22, who is attending the University of Massachusetts, Amherst.

Banks plot pay rises: Big banks have figured out that if they want students like Velasquez to come work for them, they have to do more. That's why they're scrambling to boost their compensation packages for young talent.

Hit the link below to access the complete CNN Money article:

Talent wars: Silicon Valley vs. Wall Street

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