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Junior bankers crumble under 90-hour weeks: ‘When it’s crunch time, nobody cares’ 

Working conditions for analysts and associates are in the spotlight once again, and juniors are pushing back against brutal hours

The death of a Bank of America associate is pushing work-life balance back up the agenda for banks
The death of a Bank of America associate is pushing work-life balance back up the agenda for banks Photo: Chris Ratcliffe/Getty Images

Investment banks are working their juniors as hard as ever, forcing many into working weeks that stretch beyond 90 hours. This is prompting a fresh pushback from analysts and associates to overhaul work-life balance in the sector, according to conversations with bankers and research by Financial News.

Three years on from a rebellion in the junior ranks, prompted by a presentation by a group of Goldman Sachs analysts who claimed the job was harming their physical and mental health, fledgling dealmakers are still being overworked, according to an FN survey and interviews with analysts and associates at top banks. 

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