28-Year-Old Investment Banker Found Dead in Dallas Apartment

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Carter McIntosh, a 28-year-old investment banker at Jefferies Financial Group in Dallas, was found dead in his apartment on Monday, prompting a police investigation into the circumstances surrounding his death. The Dallas County Medical Examiner has not yet determined the cause of death, and police are treating the incident as an "unexplained death," according to public information officer Michael Dennis.

McIntosh had been with Jefferies since September 2023, specializing in technology, media, and telecommunications. Prior to his role at Jefferies, he worked as an analyst at Moelis and Goldman Sachs in New York. The news of his death has triggered discussions on the challenging work environment often faced by Wall Street bankers.

In an internal memo, Jefferies CEO Richard Handler and President Brian Friedman expressed their condolences and offered support to McIntosh's family. The banker’s untimely death follows increased scrutiny of Wall Street's high-pressure work culture, particularly after the death of another banker last year, which had revealed shocking health issues linked to extreme workloads.

Employees have anonymously reported that the pressure to perform in such a fast-paced environment has led to serious health concerns, including sleep deprivation and panic attacks.

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