Reducing investment banker burnout is proving unrealistic
Moves to cap weekly hours for entry-level bankers butt against the reality of a competitive industry.
If you have to ask whether long hours are really necessary in investment banking, then it is probably not the career for you.
The high-stress, high-reward business of dealmaking and being on call for clients of top Wall Street banks is famously gruelling. It is not uncommon for entry-level bankers to rack up more than 100 hours a week.
Financial Times
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