"I knew exactly how much I was working. My hours were pretty typical during those first few months, landing between 60 and 100 per week. The hours came in peaks and troughs, only getting super bad when I was working on a live deal, meaning an active transaction like an IPO or merger."
"Something felt off during my very first week at Wells Fargo. I couldn't pinpoint what it was, but I just wasn't excited about the job. It wasn't specific to the firm. It was about banking itself."
"I often didn't know what my weekend would look like until Friday night and even then, I couldn't always predict, because I could get an unexpected email on Saturday or Sunday. I'd constantly be checking my corporate phone."
"That being said, I had legitimate PTO when I worked in investment banking, especially if I wasn't working on a live deal. If I took time off during active transactions, I'd have to hop online."
Andrew Meng transitioned from engineering internships to investment banking at Wells Fargo, where he worked in the technology, media, and telecommunications group. Despite landing a job, he felt unexcited about banking itself. His work hours ranged from 60 to 100 per week, with unpredictable demands, especially during live deals. He often had to cancel plans and was constantly checking his corporate phone. Although he had legitimate PTO, taking time off during active transactions required online availability, contributing to his overall dissatisfaction with the job.
Read at www.businessinsider.com
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