Insight - Young bankers have an absurd work life


What has changed at Wall Street firms eight years later? If a presentation put together by disgruntled graduates at Goldman Sachs Group Inc is any clue, nothing at all. The 13 analysts complain about 100-hour weeks and a severe deterioration in their physical and mental health.

IN the first episode of “Industry, ” a BBC and HBO television drama about young investment bankers, the depiction of their world couldn’t be bleaker: A graduate trainee dies in the office toilet after pulling several all-nighters.

Both writers of the cult show had left banking disenchanted by their own experiences, and they had a real example to give the plotline substance. In 2013 a summer intern at Bank of America Corp in London died from an epileptic seizure caused by overwork.

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Insight , Banks , work life , leadership ,

   

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