Ex-Army FIG Associate at Bank of America Dies After 120-Hour Weeks; Sparks U.S. Bankers Strike

May 6, 2024, 02:45 AM

A Bank of America FIG associate, a former military member with a family, tragically died after working four consecutive 120-hour weeks, which constitutes approximately 70% of each week. This incident has sparked outrage and led to a strike by investment banking analysts and associates in the U.S., who are demanding limits on work hours. The current demands include capping work weeks at 100 hours, with subsequent weeks limited to 60 hours. The death has raised serious concerns about work conditions in the banking sector, highlighting the intense pressure and health risks associated with such demanding jobs.