Young Goldman banker's cause of death determined


A sad determination.

The April death of 22-year-old Goldman Sachs. investment-banking analyst Sarvshreshth Gupta in San Francisco was determined to be a 'suicide by jumping', according to a police report.

Bloomberg News reports that surveillance video showed an individual falling from an apartment building into a parking lot about 4:20 a.m. on April 16, according to an incident report released Tuesday by police.

Bloomberg reported earlier that during a flurry of technology deals early this year, working until 5 a.m. had become the norm, and the 22-year-old Wharton grad known to friends as Sav burned out, according to a bank colleague and an essay posted by his father on the website Medium.Then, soon after quitting, he changed his mind.

'I desired that he should complete his one year at Goldman Sachs, learn something about corporate life and then decide', Gupta’s father wrote. 'Under pressure from me, he rejoined'.

Goldman Sachs let Gupta come back, gave him several days off to recharge and offered him access to counselling services, according to two people with knowledge of the matter who asked not to be identified discussing personal matters. It wasn’t long until he again faced 'hard, continuous work, no breaks, no sleep and no respite', his father wrote. On April 16, the banker called his dad from his San Francisco office at 2:40 a.m.

'He calls us and says, ‘It is too much. I have not slept for two days, have a client meeting tomorrow morning, have to complete a presentation, my VP is annoyed and I am working alone in my office,’' according to the essay. The young banker died that day.

To access the complete Bloomberg News article hit the link below:

Goldman Investment Banker Gupta’s Death Determined to Be Suicide

Target Dividend Statement Appears, Disappears From Website

JefferiesAnd the Best Place to Work in the global financial markets 2017 is...

Register for Financial Markets News Alerts