BMO Analyst had a heart attack

So true, female analysts logging off by 7PM at my bank

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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!

what group?

Del

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To be fair, the favoritism toward some is so extreme that we have to expect the average analyst isn't as strong and doesn't get as much work.  

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

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. 

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

Rumor has it he is on an accelerated partner track but the carry / equity is low

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

Obviously. Could have figured

Bump, does anybody know?

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.

Analyst 1 in IB - Cov

@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

The difference between the impossible and the possible lies in a man's determination! End DEI!

Analyst 1 in IB-M&A

Why is it only men who die?

Did you take a statistics class?

.

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 

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! 

Woof