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‘The only benefits are the exit opportunities’: More than 400 junior bankers vent in sweeping new survey

Banks' attempts to stem an exodus of junior talent amid a surge in mental health problems are not working

If the current working conditions persist, the likelihood of juniors remaining in the job was an average of 6.1 out of 10, the survey showed
If the current working conditions persist, the likelihood of juniors remaining in the job was an average of 6.1 out of 10, the survey showed Photo: Getty Images

Banks' attempts to stem an exodus of junior talent amid a surge in mental health problems are not working, with many analysts and associates looking for a way out of the industry, according to a sweeping new survey of bankers.

Juniors are still unable to take time out of their day to shower, and are facing overly-demanding deadlines while being micro-managed by their superiors, according to a survey of 475 junior investment bankers by online forum Wall Street Oasis, conducted between 24 and 29 of March. Out of that number, 333 respondents were analysts and 104 were associates.

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