A 25-year-old Bank of America trader suddenly died Thursday – just two weeks after the shocking death of Leo Lukenas III, a 35-year-old banker who had been working 100-hour work weeks at the financial giant, The Post has learned.
Adnan Deumic, who was based at the bank’s London office, was playing in a casual “five-a-side” charity soccer tournament with other finance employees when he collapsed and was administered CPR, a source with knowledge of the matter said.
No cause of death has been announced, but this person told The Post cardiac arrest is suspected.
“The death of our teammate is a tragedy, and we are shocked by the sudden loss of a popular, young colleague,” a spokesman for Bank of America told The Post. “We are committed to providing our full support to Adnan’s family, his friends and to our many employees grieving his loss.”
There is no known connection between Deumic’s unexpected death and his job at Bank of America. The Swedish-born trader was hired in 2022 and worked on the Credit Portfolio and Algorithmic desk.
Unlike Lukenas, Deumic worked closer to 60 hours a week – but his shift was highly stressful, another source with direct knowledge told The Post.
He was involved in trades worth as much as $1 billion some days despite his lack of experience, the person said.
“He probably worked 11 to 12 hours a day and those hours were incredibly intense… he didn’t have time to get coffee,” the source said.
“The stress he was under was so much more than any of the other analysts… and he couldn’t take a day off. He was learning to do this all when he was very new to the job.”
Before his tragic death, Deumic seemed to be the picture of health, running a marathon in Spain last month and had played hockey in high school.
However, his affable nature hid a growing displeasure with the bank, the source said.
The “abysmal” management didn’t treat him well or give him the bonus or the affirmation he deserved, according to the insider.
It was enough to make Deumic “desperate to get out” and find a similar job at another bank.
“He was not happy… he was looking at other jobs,” the source said.
Deumic was primarily motivated to make enough money so he could move back to Sweden to be nearer his friends, his family and his girlfriend — who had been visiting him this week, the person added.
People who knew Deumic said his colleagues are devastated.
“He was one of the nicest guys on the floor,” the source said. “The interns loved him because he was so open to helping other people even though there was no incentive to.”
Deumic’s death was the second to rock the bank this month. Lukenas, a former Green Beret, died from acute coronary artery thrombus. The married father of two worked in New York.
