Reply to Bank of America: former green beret dies after work 120-hour week, IB associates going on strike

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[quote=Anonymous]I worked there in a different corp banking group but did overlap on a few deals w/ the head of that group. He’s a great guy. The work load ebbs and flows tremendously. I had regular 100 hour weeks but then I had very light weeks. I never saw or heard of anyone having a 120 week. The hours got lighter but the pressure increased as you moved up. You definitely needed to know how to push back bc the MDs didn’t actually know how long certain things would take but i never saw a situation where someone said they needed help and needed analysts or associates from a quiet team to roll in and help. I saw over and over guys who got caught up in a weird mentality of not pushing back or not asking for more bodies for help. Not to stereotype but these were generally analysts who had been div 1 athletes and didn’t want to look like they couldn’t hack it were competitive w/ others in their class or associates who did not have a banking background and just took longer on everything and were afraid to ask for help. 
I don’t mean to defend BofA without the details, but there were tons of safeguards in place and people didn’t always chose to use them. I don’t know the details here but I don’t want the firm or Greg to get a bad name without everything coming out. [/quote]

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