The Impact of Long Hours on Junior Bankers

Leo Luquenas III's unfortunate passing highlighted the dangerous work conditions faced by junior bankers at Bank of America, where employees often worked over 100 hours a week. Many entry-level analysts reported similar experiences, expressing concerns about burnout and sleep deprivation due to the demands of high-stakes deals in a competitive environment. The pressure to please clients and navigate the hierarchies within investment banking often resulted in uncompromising work schedules, as junior employees felt obligated to meet the demands of their superiors. The culture of excessive hours was further exemplified by anecdotes from current and former bankers, illustrating a systemic issue that resonates deeply within the industry.