BOA Intern Works 3 Straight Days-Then Dies

Bank of America Intern in London Dies

LONDON – A 21-year-old intern at Bank of America Merrill Lynch, Moritz Erhardt, has died after collapsing at his student accommodation in London.

Mr. Erhardt, a German citizen who was an exchange student at the University of Michigan, was found unconscious by British police and paramedics on Aug. 15, and was pronounced dead at the scene in East London.

A spokesman for the British police added that Mr. Erhardt’s death was not being treated as suspicious, and an inquest would be held to determine the cause of death.

Unconfirmed reports on social network forums suggested that Mr. Erhardt had worked through the night on three consecutive times as part of his internship.

Bank of America declined to comment on the claim that he had been overworked.

John McIvor, a Bank of America spokesman, said the firm’s thoughts were with the family of Mr. Erhardt, who was finishing a degree in business administration at the Otto Beisheim School of Management in Germany.

“We are deeply shocked and saddened by the news of Moritz Erhardt’s death,” Mr. McIvor said in a statement. “He was popular amongst his peers and was a highly diligent intern at our company with a promising future.”

Along with his internship in the investment-banking unit at Bank of America, Mr. Erhardt also had carried out similar placements at Deutsche Bank, Morgan Stanley and KPMG Consulting, according to his profile on the social network Seelio.com.

His death came just before Mr. Erhardt was expected to complete his internship at Bank of America, whose London offices are located in the heart of the British capital near St. Paul’s Cathedral.

I'm waiting on the autopsy results. Wonder how much red bull and cocaine was in his system.

Too much adderal for sure. Prob heart attack. Phone Post 3.0

RIP

RIP
Work the free labour to death, sounds like the old days.
While outlawed in the United States its hard to believe that some doctors in Europe are still forced to work these hours on a weekly basis. Phone Post 3.0

Investment Banking is cutthroat, kid wanted to stand out and land one of the very few available positions

RIP Phone Post 3.0