Will Withdrawing from a class affect my chances?

Questions: Do investment banks ask for transcripts for job applications? Will having one W on my transcript freshman year hurt my chances? How much do grades even matter?

Context: I'm considering dropping one of my classes because it's too much work, it has nothing to do with my major, and the professor only gives B/A- grades even to top students. My current GPA is a 4.0/4.0. Assuming I drop the class, it will most likely remain a 4.0 (or around a ~3.9) when I start recruiting. This class is focused on how international monetary and fiscal policies affect global markets.

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