Why do ECM/DCM bankers work less hours than M&A?

As the title states, why is it that capital markets groups work less than M&A? I'm currently a first year M&A analyst and I'm putting up significantly more hours than my peers in capital markets - mostly because they do not work weekends.

Why? There's still a lot of money on the line, and I'm sure the client still wants analysis done / questions answered 24/7 - am I wrong? Very interested in reading some responses.

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