BMO Analyst had a heart attack
In Toronto not sure what group anyone know? Seems like something that could make headlines....
EDIT: Confirmed this was in their mining team
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This is the norm now, doubt it makes it very far
At work? Hope they’re ok. If I had to bet a group it would be mining
RIP soldier! Another hardworking analyst worked into the ground. Shame on senior bankers!
So true, female analysts logging off by 7PM at my bank
As long as compensation of these senior bankers is linked to DEI targets, they will continue to work male juniors into the ground.
lmao, cap markets management forced us to hire one person and they're gone before 7 as well...
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Could you DM which group it was in?
In another mining group on bay street, confirm this is the case
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This is sadly accurate - same in my group at a top BB. Other people get free pass to log off early, hit the gym whenever etc.
It’s just the reality
This reads like Donald Trump’s twitter. Sad!
Is this true? Source?
Terrible news if true, which group?
Other people in that group log off at 5:30pm and "work from home". I have a friend over there who tells me that.
The favoritism has gone overboard while the men are being torn apart.
ENOUGH IS ENOUGH. CHANGE IS NEEDED.
what group?
Del
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Don’t think they care about low workload as long as promotion to the next step is guaranteed along with top-mid bucket bonuses.
RBC mining in Toronto had a summer analyst pass out midday after grinding them until 5am every day last year, apparently no one noticed for 20 minutes - mining shops are some of the sweatiest in IB, this needs to change also if this happened in mining then comments on female vs. male are irrelevant given it’s pretty much only guys but would be interesting to hear which coverage groups are seeing the the most favoritism
Keep deflecting. Mining is sweaty, so is M&A. IB is sweaty but if one segment of the pit subsidizes others and even gets paid less then we have issues like this. Seniors will protect others at all costs as their bonuses are tied to their retention.
Ok maybe they definitely grinded them, but they were also up until 3am drinking the night before for an intern social... And people also noticed right away. So the blame definitely shouldn't reside on only on side here
Bump
Jfc, Is this why I've seen a role opening?
In all fairness, would rather they hire some more people asap if there’s really that much work rather than asking the team to pull obscene hours. Other obv solution is having bankers turning down mandates but banks won’t stomach that nearly as much as they will stomach hiring more analysts
Don't forget, a company will replace you as soon it's it's advantageous for them.
No way wtf
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This is sad. The senior bankers in that team need to be held accountable. This is 4th or 5th casualty of a junior male banker in the past few years.
The executives of the BMO FG need to hold CM accountable. Even after that groupchat stuff apparently they just fired the juniors, and put the rest they didn't on a short leash.
Like these analysts aren't just doing this outta nowhere, culture starts at the top.
There's no logical reason a corporate job should lead to heart disease for healthy people in their 20s, especially considering most were in great shape prior to starting
It’s a cesspool at the top. Most executives are corrupt, unethical and busy virtue signalling. Canadian IB is a basket case of abusing DEI for personal gain. Look what happened in US, the moment a strong leader got elected, every bank started packing up the feminist clown show. Same thing needs to happen in Canada but unfortunately, Canadian Conservative Party is pretty left leaning when it comes to accountability and DEI. The dressing down which Trump / JD gave to Zelenskyy today is what is needed for Canadian IB execs pursuing feminist agendas.
Turning a post about an analyst in Canada having a heart attack into something related to Trump politics is disgusting.
Put the blame on the MDs working their analysts to the bone while they give no communication. Or the staffers that over load specific analysts. Or the group heads that allow their MDs to abuse juniors as long as they close deals. Or the C suite that turn a blind eye as long as your group is climbing the league tables.
And if you want to turn this into DEI (which wasn't even mentioned by me or the poster), then why not blame the individual bank CEOs that abuse its system for their own performance metrics instead of generalizing a policy that helps Veterans get back into the work force (yes, the Veteran's programs at the banks are also DEI!).
You managed to turn a post about a serious health matter, caused by a working environment which has existed and received scrutiny since before Trump pursuit into politics, for what reason? To let off steam?
There are plenty of subreddits for you to discuss politics. A thread like this is not the place.
this is the most brain dead comment I’ve seen on this app
Room temp IQ
The fact that the scandal earlier happened last year and then this happened under the head's watch just speaks volumes about him. Heard he's nice in person but probably isn't what he seems...
I work there. This is false.
It wasnt a heart attack
Exited to a better after-life work balance
Rumor has it he is on an accelerated partner track but the carry / equity is low
Del
This is true. paramedics came to the office
Probably had some underlying condition. Don’t join this industry if you can’t take the heat
thank you for the input, u7o2q0qla4. thank god I had a stress test, cardiac echogram, full blood work, and an MRI of my brain before starting my society improving role.
Mandatory half marathon training regimen for all incoming SAs
Comment section is a cesspool — analyst was getting terribly grinded, no one really knows details but wasn’t a heart attack. Paramedics were at the office. Something has to change about this job
Update: This was in their mining team
Obviously. Could have figured
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Is the analyst ok?
Bump, does anybody know?
Hope the analyst is okay
Seems nothing has changed at BMO mining - the new VPs there (recent promotes) are dumb as hell and only got the nod because they've been able to stick it out. A - VP are brutes
I wouldn’t say outright dumb, but they're not nearly as smart as they think they are, and it seems that the group in general goes out of its way to make the job harder than it has to be. Bluntly, it tests people's absolute limits in their ability to tolerate abuse and horrendous WLB with B5 pay.
The group is interesting to me - there is a borderline cult-like mentality within it, where those who "buy in" believe and act like they're actually at a top shop where the many negatives are worth it. I'm convinced it's Stockholm syndrome. This is despite the group being literally the least desirable choice among all generalist new hires (and probably across all of Canada).
The only marginal benefit to the group, given exits are also nonexistent, is job security, because a) the group is a revolving door and thus rewards loyalty, b) Canada's crumbling economy relies on antiquated industries like M&M, and c) the group can somewhat rest on its laurels due to its reputation and relationships, both established long ago (and dwindling).
In light of all this, you can see why it's so supremely unpopular and why the few who stick it out develop the aforementioned cult-like mentality defensively and out of insecurity.
IMO, this mentality is responsible for the group’s hostility and consequent notoriety and is why the many people who make up the “out group” - those who left and didn’t drink the Kool-Aid or were affected by the group by proximity - take every opportunity they can to attack and get back at the few who chose to stay (a choice which itself says a lot about the individual).
Look no further than this thread, the notorious one in early 2024, which was mod-wiped due to all of the doxxing of the team, and, I'm sure, many, many others.
@OP - Please change the title. This situation is extremely bad, but it wasn't a heart attack. Title makes it look click bait, which IMO discredits the situation which actually still extremely BAD. There is plenty enough to make a case here without needing "heart attack" in the title.
What actually happened? Can't find anything about it online
it was a seizure
In classic WSO fashion, the incels manage to blame everything on women. God I hate y'all
Do you, for sure, know this was the result? Or is it just speculation? Keep your assumptions to your DCFs…
Why is it only men who die?
The difference between the impossible and the possible lies in a man's determination! End DEI!
Did you take a statistics class?
What makes mining so much sweatier than other groups??
RIP! God bless your soul and heart !
.
Covid Vaccines anybody?
Further evidence of how rigged IB recruitment and promotions are in favor of women in Canada,
https://www.wallstreetoasis.com/forum/off-topic/dei-polls-conclusions
Is there not one topic that you incels don't turn into a tirade against women? JFC, not one of you troglodytes gives a single flying fuck about the person who needed the paramedics. Not a single one.
Enough with your faux morality bs. Just be honest with yourself, you really don't give af about people like this other than to throw on posters for your bullshit "crusade".
This is not as bad as the real crusades - think millions of people died during those
I don't agree with blaming everything on dei, but I would blame dei itself for a lot of this. People will naturally resent what seems like discrimination based on immutable traits. Even if it isn't entirely rational. This is human nature. Making it dangerous to vent these feelings in public doesn't make them disappear. These feelings will still bubble up to the surface in unexpected ways
If you're going to pursue dei type policies, you need to factor this resentment into your cost benefit analysis
Do you even know what happened? Or are you being stupid and assuming what happened?
Someone in the very well known toxic environment that is BMO mining had a serious health emergency. But yes, please let’s turn this into people’s fee fees about DEI. Soft times really do make for soft men.
When most of you are beneficiaries of gender quotas in promotions and recruitment, you are bound to see this pushback. Been in the industry for almost a decade and the kind of favoritism I have seen in order to retain some employees is beyond unbelievable. From lower workloads to undeserved gifts & industry event invites, to being safeguarded from layoffs due to your gender, to being promoted even though you are visibly behind the curve while hiding bending the mantra “it is a male dominated industry”. Well battlefields of Ukraine are also male dominated, why don’t you strive for equality there. Freeloaders!
Those in power today will never budge - either they are women who really did struggle to break in and are trying to make it better for the women after them or they are weak men who benefit financially by keeping these policies in place.
IMO only path forward as a man is to just accept it is what it is and once our generation gets in power, do sweeping reform and get rid of all this garbage. A matter of when, not if, it will happen, and it’s already starting.
See: republicans dominating the judicial, legislative, and executive branches of the financial capital of the world.
Do you know what even happened or are you speculating? All the people on this platform know how to do is to blame others than to look at themselves. Disgusting. Someone is seriously hurt and you’re using their situation, which you know nothing about, to push political fodder
And what does this have to do with the toxic hellhole that is BMO mining?
Bro undermined while mining , gotta unmine his mining oil
Sad that this is normal
Llo
Woof
Not trying to be funny but I think this is 4 bankers who died in the LTM period. Geez... Are senior bankers in other groups taking actionable steps to fix things?
I work at an EB in Houston and I can tell you my bank is not.
Awful. Man, what a stupid fucking business this is
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