Leo Lukenas was his name. Fundraiser for His Family is Here. (Bank of America Associate that passed away)
Dearest Primates,
I just got off the phone with Leo's brother (Les) and now that the funeral is planned and the family has had a bit more time to process, the focus is now on taking care of his family.
There is a fundraiser going on here and I'd encourage you to donate what you can.
About the Campaign
Leo Lukenas was a son, brother, husband, Green Beret, and most importantly, a father. He spent over a decade in Army Special Operations, deploying multiple times with 1st Special Forces Group. Leo was dedicated to everything he did, never settling for good enough. He always set the example and held himself to the highest standards, prioritizing the team and mission success over himself. With the heart of a lion, Leo always fought to defend what was right.
Tragically, Leo passed away on May 2, 2024, leaving behind his wife and two children. His greatest dream was to provide for his family. Driven by a desire for new challenges, Leo transitioned out of the military to pursue new opportunities for his family. Now, in remembrance of Leo, it's our duty to support his family just like he would have done for all of us.
If you can, we kindly ask that you donate to Leo's family. Your contribution will help ensure his wife and children receive the support and care they deserve during this difficult time. Every donation makes a difference.
De Oppresso Liber
Honestly it’s a shame that this is being done even
They don’t need a charity fundraiser. BofA should be compensating them multiple times this amount.
This
Agreed. I just hope, that despite the immense grief and pain the family must be going through right now, they have retained good counsel to advise them on receiving compensation from BofA, that will not bring back their loved one, but will at least make sure his wife, kids and extended family are taken care of.
I'm donating and hope they use a chunk of change on a lawyer. BofA owes them likely upwards of $10M. If a settlement happens we'll likely never hear about it however.
Please does not spread hate, bigotry, fear and misinformation about Bank of America. Please does not. We is not need hate and misinformation on WSO.
bump
Bump for fundraiser visibility
Bump
Awful tragedy, shame on BofA. Just donated, RIP Leo.
Can anyone at BofA provide an update on wtf is going on over there? It seems like absolutely nothing. Their lack of action here has been deplorable.
I agree. It’s business as usual, aside from a couple isolated group-specific chats. No public statement, no accountability.
Literally nothing
Is there any evidence he died from overworking or is it still speculation?
I’ve been in this industry 15 years (m&a BB) and not surprised one bit. It’s not just the top of boa but even their juniors have always been moral-less asshats too. The toxicity is perpetuated at every level there. Do not expect any change
I've heard Tom Montag was quite the piece of work.
*
How are they going to drain their talent pools while not hiring anyone from BofA?
No one will consider an IB without PE/HF exit
This is pretty stupid. Don’t hire a kid that had nothing to do with this because he happens to works at BofA?
Legit concern and yes there are some unfortunate collateral dmg.
However, in this case top talents will lateral out, as an effective way to handle “another 100 guys will fill this position”
For those BofA ANs MSed me, I think this recommendation is appropriate given nothing happened yesterday
“There are costs and risks to a program of action, but they are far less than the long range risks and costs of comfortable inaction.” — JFK
A bit hysterical no?
Yeah guys drain their balls!
I am in support of the cause but this is cringe.
Have some Talent, Drain their Balls and Fees...
RIP Leo
Leo’s death cannot be in vain. BofA and everyone involved needs to face severe consequences!!! Justice for Leo and his family
RIP Leo. This puts it all into perspective and glad people are saying his name.
Junior BofA employees are doing more to raise money & awareness than the bank is…
Bump
Who’s gonna start the change.org petition for Gary to be fired?
People like that do not deserve to be employed, much less responsible for other people.
The people in charge of the UMB deal and FIG group at BofA deserve jail time and to be stripped of their FINRA licenses. This is inexcusable.
Either they knew how much he was working and didn’t care, or were ignorant to his workload and kept on the throttle anyway. Any way you look at it, this is a complete failure in leadership and accountability. Typical banker behavior - as long as the fees are paid, the machine keeps churning. Just another day at BofA, plenty more hungry MBAs ready to replace him in a few weeks.
Fucking disgusting.
Is Gary still heading the group? This is disgraceful
Donated. This is really fucking sad. RIP Leo.
Bump for visibility, but completely agree with @Phillyboy. BofA should be sued to the fucking ground
So terrible what happened. Hope real change happens soon
Bump🫶
Bill Ackman dropped 10k
Is that the real Bill Ackman?
Very likely. He tends to give in $10,000 even denominations, from what I have seen with a few causes, previously.
At a certain level, people tend to follow a certain pattern of giving, to the extent that some organizations will almost assume the amount, at times, when fundraising.
So, yes, I believe it's him.
The MS for stuff like this is out of control. Have an SB, same to guy below.
bump. Rest in peace
Disgraceful for BoA. A wealthy bank with trillions in assets and a dead employee they helped kill needs to do a fundraiser.
I'm not a big hitter or anything yet but I will for the most part refuse to work with BoA and refuse to hire any of their employees.
People need to blackball this bank.
And please bill ackman go public on this.
If you think this is a bank only problem, you’re laughable. The next Leo may be at any of the other banks, let’s be honest for a second
It's a culture problem that will never change. IB attracts hyper-competitive, workaholics, and overachievers with high ambition. They will always work these hours.
BoA should do the right thing and set his family up for life and donate the entire deal fee.
they should do the right thing and fire a bunch of senior bankers as well
BofA hasn’t done a single thing right in this whole ordeal. It is sickening the lack of accountability they have after what happened. This needed to be a catalyst for change but nothing is happening and there will be more deaths eventually because of it.
https://www.businessinsider.com/wall-street-transfixed-by-bofa-banker-l…
Uncommon Business Insider W. The first torcher is out there boys. Justice for Leo.
Finally an article with some meat on the bones. Thank you BI
Bump
Leo represented the best humanity had to offer. This isn’t a charity case, this has nothing to do with BofA or IB. It is simply an opportunity to show a small bit of support to Leo’s grieving wife and two children who have been robbed of a husband and father. A small show of gratitude and appreciation to a mother, father, and brother who have all lost a part of themselves through this tragedy.
No amount of money could ever make this loss any less of an absolute fucking loss. Leo’s legacy and impact were cemented long before he entered banking, on a level that could never be truly understood or appreciated by this community, frankly speaking.
I encourage everyone to donate but to do so out of a sense of respect for Leo, the life he led, and his family who made him the incredible person that he was. Leave the rest of it at the door. DOL
Still waiting for a donation from Gary Howe...
I’m sure it’ll go unnoticed, but big up to Bill Ackman who donated $10k about 7 hours ago. Guess he reads WSO.
BofA FIG alum out of London office from a few years ago. Wouldn’t be surprised if a couple people met a similar fate soon if they continued working the hours I saw back then.
Bill Ackman on WSO, jesus.
Bill does not read WSO rest assured. He saw it on twitter and even posted about his donation there.
Just donated. What a beautiful family. God, please embrace them as they endure this tremendous hardship. I held my first born tight this morning after seeing that pic. Sigh.
WSO - thank you for posting.
I'm a dead broke italian but i've donated. RIP.
Reach out to WSO Instagram DM, a little gift from us.
Extra sad that his wife and kids essentially didn’t even see him the last month of his life if he was working 120hrs for some nonsense regional banking deal.
As a father who did IB too long, I’m glad I gtfo. RIP Leo.
It’s sad because at the end of the day, the people who are responsible for this won’t face any backlash. Bofa will pay out the family, which is pennies to them and those at fault won’t face any issues. When have we lost the ability to put bad people away
Bro
Gotta be a troll - not funny tho
I don’t agree with it but it makes a point, wow.
x
Anyone realize that the transaction cost is $27 for a $500 donation? WTF. So, someone somewhere will be making $50k on the $1MM donation? That is bullshit.
it's common for "charities" to have "operating costs" that are 50-60-70% of all donations. Aka 30% of your donation goes to the cause 70% goes to "operations."
Even in general, if you see how most charities are run, you’d never want to donate money - lot of them are just a set up for management to earn six figure salary.
Been telling people for years, you want to actually help some one, help directly.
How much does it cost to have an online payments platform running? Would think a few % would just be required to actually pay the payments processing fees and stuff.
$27 there does seem very high tho
Donated. And so did Rich Handler
Ngl, kinda weird Bill and Rich didn't cover transaction fees.
Because the $10k is the maximum you’re allow to spend.
As long as they are donating and bringing attention to the cause. I applaud them.
Must be something like the transaction fees not being tax deductible lmao
The other Co-Head of FIG at BofA donated $5000
Former co-head. Retired early last year. Good dude from what I’ve heard.
Wow!
Large companies have no soul. Stop wasting your life on working
Donated. Rest in peace, Leo 🙏🏼
https://nypost.com/2024/05/09/business/wall-street-bankers-death-ignite…
New York Post let’s go. First mention of FIG group head.
God bless Alexander Hamilton.
Bump
I'm here to just post BofA, before it was even BofA (Merril), has always been incredibly toxic even by IBanking standards.
2am handwritten "pls fix" comments "ready when I land by 6am"
Having people in the office rotating night watches just in case.
Having changes of clothes in drawers.
Actual sleeping cots in the office.
I've done a LOT of very hard grinds (Goldman, MBB, and biglaw) and the summer I spent at BofA is still far and away the worst summer of my life. Everything I've heard about them since is they've only gotten worse, except they have been trying to make the most visible signs of toxicity go away (like people being asked to not sleep under the desk)
It's a self-perpetuating toxicity where only certain personalities stay/go to BofA to become managers there and they just don't know any other way to operate other than to prey on unsuspecting juniors that only know BofA is BB.
I wonder how much has the BoA board members donated
Damn man, his family looks great too. Terrible shit, justice for this man.
One more bump for Leo’s children. Fundraiser only at 350k - we can do better!
Bump needs more exposure
Can the mods confirm that this money will go to the family?
This is the fundraiser his brother wanted me to promote and I believe it was set up by one of the veteran organizations they are a part of.
$400k, let’s keep this going
Saw a post from his mother and brother on LinkedIn, very sad.
Anyone noticed that his brother is now a summer assoc at GS?
One of reasons that WSO means something more
Bump
Big shame that there’s not more publicity on this. Bigger shame that BofA is likely hoping a new headline comes out to take heat off them. These banks will work a man to death and wipe their hands of it with no issue. To all the juniors out there grinding it out: respect
Sorry I’m new to this. What happened?
An mba associated ex navy seal top of the class marine with 4 deployments was apparently overworked by Meryl Lynch and died of cardiac arrest while on duty
WSJ posted the article about it last night. Good read, but nothing new to those who are in banking.
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