Banking is a relationship business. The hours aren't so much for productivity as for bonding. Think of it as a frat initiation ritual that lasts years. Some ver

Banking is a relationship business. The hours aren't so much for productivity as for bonding. Think of it as a frat initiation ritual that lasts years. Some very small portion of IB analysts remain in IB, most move off and become successful somewhere else, building an incredibly strong network of captains of industry over time, all tied back to that particular investment bank.