Jefferies Banker Found Dead at 28, Police Investigate 'Unexplained' Death

Carter McIntosh, a Dallas-based investment banker, was discovered in his apartment as Wall Street's work culture faces renewed scrutiny.

Carter McIntosh, a 28-year-old investment banker at Jefferies Financial Group, was found dead on Monday in his Dallas apartment, with the cause of death still under investigation.
Dallas police have classified the incident as an 'unexplained death' and continue to probe the circumstances surrounding McIntosh's passing.
McIntosh joined Jefferies in September 2023 and previously worked at Moelis & Co. and Goldman Sachs, holding a finance degree from Seton Hall University.
An anonymous Jefferies analyst and others on Wall Street forums have raised concerns about the demanding work culture, citing overwork and deteriorating quality of life for junior employees.
The death follows recent scrutiny of Wall Street's high-pressure environment, highlighted by similar cases, including the 2024 death of a Bank of America banker reportedly working 100-hour weeks.