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Exactly this. When I was a junior investment banker we worked brutal hours, often 80-90 hours a week with most days ending at 1-2am. Yet the head of investment
by kwar13 2y ago
Exactly this. When I was a junior investment banker we worked brutal hours, often 80-90 hours a week with most days ending at 1-2am. Yet the head of investment banking insisted we always make it to his Monday 8am meeting since he wanted a bigger crowd when he talked. Going from a Sunday all-nighter into this was quite painful.
- Eddy_Viscosity2 2y agoOff topic question, but what do investment bankers even do for all those hours every week?
- madog 2y agoThis column had some good insight: https://www.bloomberg.com/opinion/articles/2024-09-12/bankers-hours-are-still-pretty-bad https://www.bloomberg.com/opinion/articles/2024-09-12/banker...
- mike_hearn 2y agoI talked once to an ex investment banker who quit to move into tech due to the hours. He had lots of stories about ridiculous hours. He said most of the time was wasted. It was spent on things like preparing slide decks for executives who then didn't read them, but who insisted the work be done in massively compressed time windows and then delivered by taxi at 6am on a Sunday. He viewed it as very inefficient and mostly a matter of bad culture. The senior managers did it when they were young, so they weren't about to let the next generation get ahead without the same sacrifices.
- cudgy 2y agoSounds like rush week in college