Boss of Bank of America worker who died after logging 100-hour weeks loses oversight of lucrative unit
A embattled Bank of America executive has been stripped of responsibility for a key money-making division — months after a high-profile outcry over the overwork death of a junior banker within the division. Gary Howe, the fiery boss of Wall Street giant Financial Institutions Group (FIG), lost oversight of the fintech investment banking team in […]
Wall Street junior bankers still battling burnout by logging gruesome 100-hour weeks amid Leo Lukenas’ death: survey
A recent survey found that many junior Wall Street bankers are battling burnout after working 100-hour weeks, with some even risking their health or sleeping in the office. Concerns about their grueling work schedules come as debate about the industry’s work culture intensifies following the death of Leo Lucenas, a 35-year-old Bank of America associate […]
NYC banker dead at 35 wanted new job over 100-hour work weeks
A 35-year-old Bank of America investment banker who died from a blood clot earlier this month was looking for a job at another company because of the stress of working more than 100 hours a week, according to a report. Leo Lukenas III, a former noncommissioned officer turned junior banker who worked at Bank of […]