Does your bank completely ignore federal holidays?

Outside of Christmas, thanksgiving and new year's, it seems people are working normally on every holiday. I have not been at my current bank for a full year but seems pretty odd being at a US based bank and at least analysts are expected to work on days like MLK. it could be just my deal teams. Is anyone the same? how is it at other banks?

11 Comments
 

I work in markets and I take off every holiday. But I take off every weekend too. If Saturday and Sunday aren't days off I don't really see why MLK day would be.

Array
 

It is officially a day off announced by the bank but they just don’t stick to it.

 

Federal holidays are dumb as fuck. Don't get me wrong, I'm not simping for the bank nor do I not like some time off to myself to walk around or grab a coffee in peace. But things like MLK day or labor day? lmfao come on bro, who the fuck is gonna be in the middle of a bakeoff or closing a deal and say

wait, stop the fucking press, it's MLK day, can't do anything today, I must rest...

 

It goes without saying that if you are on a live deal, it is something else. I had to work on labor day weekend for stuff that were not urgent at all and could totally be done in next week

 

I don’t know why everyone is being sarcastic. I worked at another IB where they respected these holidays and it gives analysts the chance to plan time off or at least not be expected to be on all the time. I was wondering what it was like at other banks.

 

I don't know why everyone is being sarcastic. I worked at another IB where they respected these holidays and it gives analysts the chance to plan time off or at least not be expected to be on all the time. I was wondering what it was like at other banks.

Never heard of a BB/EB saying mandatory pencils down on MLK/Juneteenth, etc. 

clients need to enforce it before banks will recognize it as a real holiday

 

My experience has been that those holidays are off for admins, etc. but that every banker works normal hours on those Monday or Friday bank holidays. At least in IB coverage that's the way I've seen it.

 

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