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Reducing investment banker burnout is proving unrealistic

Reducing investment banker burnout is proving unrealistic

Moves to cap weekly hours for entry-level bankers butt against the reality of a competitive industry.

Joshua Franklin, Suzi Ring and Ortenca Aliaj

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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.

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Financial Times

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Original URL: https://www.afr.com/companies/financial-services/reducing-investment-banker-burnout-is-proving-unrealistic-20241013-p5khw7