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Mod Note (Andy): Update - This story was confirmed earlier confirmed by our sources. Our prayers go out to his family.

From Bloomberg:

Moritz Erhardt, who was on a seven-week pre-graduate program in London, died Aug. 15, Bank of America spokesman John McIvor said by telephone today. The death is being treated as non-suspicious, a spokesman for the Metropolitan Police in London said in a statement.


Moritz Erhardt, who was on a seven-week pre-graduate program in London, died Aug. 15, a Bank of America spokesman said. Source: Seelio via Bloomberg
"He was popular amongst his peers and was a highly diligent intern at our company with a promising future," Bank of America said in its statement. "Our first thoughts are with his family and we send our condolences to them at this difficult time."
Erhardt was found unconscious at Claredale House, a student residential facility in East London. He was pronounced dead at the scene after being treated by paramedics, said the police spokesman, who asked not to be identified, citing agency policy.
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Comments (267)

  • Beny23's picture

    Sounds terrible but I could not find anything online yet.

  • Asatar's picture

    Seriously? This has not gone around the email chains yet in London... If this is true then it's either some underlying condition or substance abuse. Nobody dies from 1 all-nighter.

  • SonnyZH's picture

    Heard he was in J.P. Morgan FIG...

    The HBS guys have MAD SWAGGER. They frequently wear their class jackets to boston bars, strutting and acting like they own the joint. They just ooze success, confidence, swagger, basically attributes of alpha males.
  • CallmeSir's picture
  • SonnyZH's picture

    CallmeSir:

    Okay. apparently its an intern from BAML.

    Source.

    The HBS guys have MAD SWAGGER. They frequently wear their class jackets to boston bars, strutting and acting like they own the joint. They just ooze success, confidence, swagger, basically attributes of alpha males.
  • hawkish2's picture

    From what I know
    - one of the best interns in IBD BAML
    - 3 all nighters
    - didn't turn up, colleagues went to find him
    - heart attack

    source: other ppl in london

  • In reply to hawkish2
    State of Trance's picture

    R u sure your info is accurate ?? This is unbelievable. Its really sad.

  • FernandoTorres9's picture

    This is horrible. RIP.

  • youjustgotlittup's picture

    hawkish2:

    From what I know

    - one of the best interns in IBD BAML

    - 3 all nighters

    - didn't turn up, colleagues went to find him

    - heart attack

    source: other ppl in london

    People can actually stay awake 72 hours without sleeping?? I'm starting my IBD internship at a BB pretty soon but if I have to work 72 hours in a row I'm pretty sure within a few months you guys will be discussing my sudden death.

  • hawkish2's picture

    this part is complete and utter guesswork: to stay awake 3 nights you had to have had lots of coffee/+red bull, and that kind of mixture cannot be good for your health. got a friend in baml who confirmed it so it's an incredibly sad situation. And honestly puts the whole work-life balance thing truly into perspective.

  • SonnyZH's picture

    Rumor spread, job done.

    The HBS guys have MAD SWAGGER. They frequently wear their class jackets to boston bars, strutting and acting like they own the joint. They just ooze success, confidence, swagger, basically attributes of alpha males.

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  • Kerli's picture

    Who are you guys to judge and joke?? Think twice, this is not any kind of scandal - we lost a friend!

  • Sav's picture

    hawkish2:

    From what I know

    - one of the best interns in IBD BAML

    - 3 all nighters

    - didn't turn up, colleagues went to find him

    - heart attack

    source: other ppl in london

    Member for 11 hours.

    Kerli:

    Who are you guys to judge and joke?? Think twice, this is not any kind of scandal - we lost a friend!

    Member for 1 hour.

    Forgive the skepticism... looks like we'll just have to wait a bit to verify this one.

  • dr.schulz's picture

    i don't see any incentive to spread such kind of "rumours". actually very sad to hear about this

    Whether you think you can or you think you can't, your're right. - Henry Ford

  • Devils Advocate's picture

    This is why you guys need to know when to tell your seniors to fuck off, because at the end of the day no one in the bank gives a shit about your health and mental wellbeing

  • TheKid1's picture

    Damn this is sad. Anyone find it in any media outlets?

  • Matrick's picture

    If this is true, it's flat out horrible.

    I'm talking about liquid. Rich enough to have your own jet. Rich enough not to waste time. Fifty, a hundred million dollars, buddy. A player. Or nothing.

    See my Blog & AMA

  • SonnyZH's picture

    Heard BAML is keeping it quiet.

    The HBS guys have MAD SWAGGER. They frequently wear their class jackets to boston bars, strutting and acting like they own the joint. They just ooze success, confidence, swagger, basically attributes of alpha males.
  • Scratchy's picture

    Just confirmed it with a SI there whom I know personaly. She was surprised to know that I heard about it.

  • CRE's picture

    Scratchy:

    Just confirmed it with a SI there whom I know personaly. She was surprised to know that I heard about it.

    The WSO information network runs deep

  • Matrick's picture

    CRE:

    Scratchy:

    Just confirmed it with a SI there whom I know personaly. She was surprised to know that I heard about it.

    The WSO information network runs deep

    Any news on whether it really was a heart attack?

    I'm talking about liquid. Rich enough to have your own jet. Rich enough not to waste time. Fifty, a hundred million dollars, buddy. A player. Or nothing.

    See my Blog & AMA

  • Scratchy's picture

    No details from her. Seems they told them not to comment about it. She didnt even tell me in which team he/she was.

  • leveredarb's picture

    Horrible if true, may have involved a lot of coffee/redbull and underlying condition?

  • ManyHenny's picture

    No surprise that they're keeping this quiet.

    Just awful. RIP.

  • toppoki's picture

    that's awful.
    rip...

  • Asatar's picture

    SonnyZH:

    Heard she was in J.P. Morgan FIG...

    This I can definitely believe...

  • Drijver's picture
  • socman's picture

    Why does it *have* to be an underlying condition, taking away the blame (at least part of) from these investment banks running their analysts (who are 20 year old kids) to the ground?

  • leveredarb's picture

    well its partly senior bankers being retarded but partly also juniors, at some point you have to call it quits, I mean doing 3 all nighters is a bit like wtf, baml isnt even that much a sweatshop, if you just go home after your 2nd all nighter people wont get mad...

  • magnum's picture
  • above_and_beyond's picture

    This is just sad..

    Hopefully the poor guy's family sues the shit out of BAML.

  • eyebeedee's picture

    Very sad news. Will be interesting to see what the repercussions of this are.

  • SonnyZH's picture

    Why is this not on the news? Surely the press would've known by now.

    The HBS guys have MAD SWAGGER. They frequently wear their class jackets to boston bars, strutting and acting like they own the joint. They just ooze success, confidence, swagger, basically attributes of alpha males.
  • Doll Armaker's picture

    Can confirm that HR from one of JPM / MS / GS have sent an e-mail round to line managers of IBD interns saying something along the lines of 'don't work your interns too hard for the final weeks'

  • Matrick's picture

    Doll Armaker:

    Can confirm that HR from one of JPM / MS / GS have sent an e-mail round to line managers of IBD interns saying something along the lines of 'don't work your interns too hard for the final weeks'

    Oh wow ...

    I'm talking about liquid. Rich enough to have your own jet. Rich enough not to waste time. Fifty, a hundred million dollars, buddy. A player. Or nothing.

    See my Blog & AMA

  • notthehospitalER's picture

    This is terrible. Probably a kid like the rest of us on WSO who was so excited to be working there, at least when he got the offer...

  • SonnyZH's picture

    notthehospitalER:

    This is terrible. Probably a kid like the rest of us on WSO who was so excited to be working there, at least when he got the offer...

    I don't remember being excited during my IBD stint... worse 3 months of my life.

    The HBS guys have MAD SWAGGER. They frequently wear their class jackets to boston bars, strutting and acting like they own the joint. They just ooze success, confidence, swagger, basically attributes of alpha males.
  • abacab's picture

    Tbh summer analysts need to watch out for themselves a little. I saw these kids in my bank this year just hanging out past 2-3 AM with nothing to do cause they felt like they needed to be there and still show up by 9AM. Then there were the ones who were proud of pulling all nighters or sleeping the office doing bs work.

  • Take_It_To_The_Bank's picture

    You don't die from work. I'd put my money on this being a drug related incident. Maybe the intern was taking adderall and OD'ed?

  • NorthSider's picture

    above_and_beyond:

    This is just sad..

    Hopefully the poor guy's family sues the shit out of BAML.

    I certainly hope not. What an awful way to try to reconcile the tragic death of your son.

    "For all the tribulations in our lives, for all the troubles that remain in the world, the decline of violence is an accomplishment we can savor, and an impetus to cherish the forces of civilization and enlightenment that made it possible."

  • NorthSider's picture

    State of Trance:

    Is it a guy for sure ?? Some folks are saying it is a gal.

    People on this thread have gone back and forth. I'm not fully convinced this is a real story at this point.

    "For all the tribulations in our lives, for all the troubles that remain in the world, the decline of violence is an accomplishment we can savor, and an impetus to cherish the forces of civilization and enlightenment that made it possible."

  • CRE's picture

    Take_It_To_The_Bank:
    You don't die from work. I'd put my money on this being a drug related incident.

    Or a prior health thing. But I agree, you don't die from work.

  • rufiolove's picture

    People need to stop commenting on this thread. If you haven't worked these hours you should immediately shut up and refrain from commenting. Period.

    To those who have worked a stint in banking or who are currently working who are commenting and laughing or criticizing you should likewise shut up.

    Mods should consider locking this thread.

  • Apple_iBank's picture

    Doll Armaker:

    Can confirm that HR from one of JPM / MS / GS have sent an e-mail round to line managers of IBD interns saying something along the lines of 'don't work your interns too hard for the final weeks'

    It's not MS, their IBD interns finished a week ago. I don't think it's JPM either, my money is on Goldman

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