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.