US/Europe vs U.K. work hours

Very interested to see why my US counterparts at an EB seem to work far greater hours than the U.K. office? Is it because clients don’t care if they ask for things needed the next day? MDs creating random work? Curious if both U.K. and US bankers can comment on what they think are the drivers of their hours because both London and NYC teams at my firm rank top in terms of revenue but vastly different culture.

I feel the US IB scene as a whole has pretty bad hours with sweatshops going near 100+ a week.

Background: analyst at london EB in the biggest group with strong deal flow (very little marketing). A terrible week for people would be 90/100 hours working both days over weekend, which my seniors would give me a bit of slack the week after and make sure I don’t get swamped. Average hours probably 70/75 with no weekend work aside from prepping for the next week on Sunday night voluntarily. Hours apply to people in general regardless of bucket.

 

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