Investment Banking

‘Should I feel sorry for them? No’ — Bankers scoff at Goldman Sachs juniors’ stinging survey

Gruelling hours are a banker rite of passage

Friday 19 March 2021 at 15:57

Goldman Sachs headquarters stands in New York. The brutal life of junior bankers at Goldman has ignited a debate about the industry
Goldman Sachs headquarters stands in New York. The brutal life of junior bankers at Goldman has ignited a debate about the industry Photo: Jeenah Moon/Getty Images

A stinging presentation leaked by disgruntled Goldman Sachs analysts outlining 100-hour weeks, declining mental health and threats to quit has drawn little sympathy from City bankers.

After all, gruelling hours are a banker rite of passage.