Why have so many recent finance deaths played out in public ?


Six of the eight mysterious deaths have been from a building or in front of a train. Half of them were at work or en route.

Coroners in London are preparing to investigate two apparent suicides as unexpected deaths by finance workers around the world have raised concerns about mental health and stress levels in the industry.

Bloomberg reports that the inquest into the death of William Broeksmit, 58, a retired Deutsche Bank risk executive found dead in his London home in January, will start tomorrow. The inquest for Gabriel Magee, a 39-year-old vice president in technology operations at JPMorgan, who died after falling from the firm’s 33-story London headquarters, is scheduled for late May.

The suicides were followed by others around the world, including at JPMorgan in Hong Kong, as well as Mike Dueker, the chief economist at Russell Investment Management in New York. The financial world’s aggressive, hard-working culture may be hurting itself, professionals advising on mental health in the industry say.

In the meantime, The New York Post reports that the rash of eight financial-industry suicides so far in 2014 has mental-health professionals trying to understand what’s behind it.

In late winter many people suffer from depression, but for bankers this is usually offset by finding out how large their bonuses will be.

However, compensation across the entire financial sector is down from years past as large firms deal with new rules pinching their bottom lines.

The other, more pressing matter for mental health pros is: Why are such a large proportion of these self- murders public affairs ?

While there are no definitive theories on suicide location, many in the suicide-prevention field believe it deserves more research.

Six of the eight mysterious deaths have been from a building or in front of a train. Half of them were at work or en route.

'Our world has become so social — and the barriers of privacy have been (so) broken down. Perhaps that could be a reason for the public displays, especially for those in their 20s', says says Carolyn Wolf, executive partner and director of the mental-health law practice at Abrams Fensterman in Midtown.

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