Summer Analyst dies at Lincoln International

Did anyone else hear about a summer analyst dying recently at a Chicago MM? Apparently he had worked some crazy amount of all nighters. Unclear as to what the exact cause of death was.

I’m not bringing this up for e-cred but to say that this shit is absurd and needs to change, I’m sure it will take a while to happen but I’d hope that today’s analysts and associates will improve banking culture so shit like this doesn’t happen anymore. The work is important and demanding but in my mind an intern shouldnt ever be working past midnight.

Mod Note (Andy): What can WSO do to help prevent more tragedies like this? Please add your thoughts here: "Death From Overwork (Karōshi) In Finance"

 

Thanks for dropping knowledge. To the skeptics, Lincoln International has already confirmed that someone died - only the cause of death is up for debate...

Seeing the service and his typical bio (non-target hustling for internships) really got me emotional.

EDIT: Should his name be kept off here out of consideration for family? Probably not, but just a thought. Let's be sure to be respectful.

 

If the doctors come out and say this was induced by work hours related stress that company is fucked. It's one thing when a kid has a heart attack at home in the shower, but at his desk its going to crush the analysts and I can see a bunch of them jumping ship. The company is going to have to drastically raise comp to keep morale at a workable level.

Follow the shit your fellow monkeys say @shitWSOsays Life is hard, it's even harder when you're stupid - John Wayne
 

i find it disturbing that the spokeswoman in the efinancialcareers article offered NO words of sympathy regarding the death... no acknowledgment of how tragic this is -- only deflecting blame. really really awful. hope to see them change their tune here... this was a human life... not some deal gone bad.

especially weird given all the stuff on glassdoor about their culture.

 
:
A spokeswoman for Lincoln International confirmed that a junior banker at the firm passed away, but said it was not the result of "working all night shifts," and that Lincoln International has "standards and systems in place" to prevent these from occurring. "The health and well-being of our professionals is our highest priority," she added.

Wow, you're right. That was cold.

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I'm actually a squirrel:
:
A spokeswoman for Lincoln International confirmed that a junior banker at the firm passed away, but said it was not the result of "working all night shifts," and that Lincoln International has "standards and systems in place" to prevent these from occurring. "The health and well-being of our professionals is our highest priority," she added.

Wow, you're right. That was cold.

It's possible (though not likely IMO) that they did offer words of sympathy, but they weren't included in the article. But if you're right, then I agree.

 

Comment from the linked article above: "His name was Shivam Chokshi, and he worked several nights in a row until 4:30am or so before passing away. It is absolutely horrible that the bank has somehow decided that his working hours were not to blame -- they were very likely a contributing factor at the least. The bank's response here is a completely disgraceful, insensitive and disgusting blow to Shivam's family and friends, as well as to their other junior employees."

Crazy if true

 

Such a shame. So sad that this happened, I bet he was a nice guy. I know a lot of us deal with long hours as just part of the job but this kind of stuff cant happen basically each year. Eventually cultures will need to change, even in finance.

As OP said, its up to todays analysts and associates (which i imagine many of us are) to break the cycle and change the culture down the road so stuff like this doesnt happen to anyone else.

Dayman?
 

Wow, really sad news all around. Whoever was the Staffer/VP or whatever on that deal needs to be canned IMMEDIATELY. These are kids at the end of the day and you need to look after them.

This isn't the wild west nor is it combat zone. When is the last time you heard an INTERN dying on the job in any other industry?

For current interns/analysts - it is OK to say no when it is within reason. Working past 1 AM every night for a week? Don't ask, TELL them you need the weekend to catch up on sleep. No client is worth your health.

 

Well that's all cute and all but the poor kid was probably trying to get a return offer with a non target over his head... how is he going to say no? Disgusting stuff. Some type of curfew law better come out of this.

I agree with you, the VP/Staffer head should be served on a platter and made an example of... He should be jailed for mental and physical harassment if it was known that the kid had seizures at his desk... wow poor kid this is awful.