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Goldman juniors are buckling from stress and 100-hour weeks — here’s what you need to know

Banks have scrambled to contain a growing crisis among younger staff

A mental health crisis has been brewing among junior bankers, highlighted by a scathing Goldman Sachs survey that leaked online
A mental health crisis has been brewing among junior bankers, highlighted by a scathing Goldman Sachs survey that leaked online Photo: Getty Images

After a group of 13 Goldman Sachs analysts highlighted their gruelling working week in a series of slides leaked online, investment banks have scrambled to contain a growing crisis among their junior workers.

Firms are now rolling out perks to keep up morale — Credit Suisse will pay a $20,000 bonus, and Jefferies is offering Pelotons. Meanwhile, all major investment banks are hiring analysts and associates at rates not seen for a decade.

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