Kathryn Shiber, Centerview Resolve Wall Street Work Hours Dispute

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Wall Street Work Hours Dispute Ends: Centerview, Shiber Reach Settlement

Wall Street Work Hours Dispute Ends: Centerview, Shiber Reach Settlement

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CNBC TV18•22-02-2026, 20:55

Wall Street Work Hours Dispute Ends: Centerview, Shiber Reach Settlement

•Centerview Partners and former junior banker Kathryn Shiber settled a disability discrimination lawsuit, avoiding a federal trial.
•The case highlighted Wall Street's intense work culture and long hours expected of junior staff.
•Shiber alleged she was fired in 2020 after requesting accommodation for a mood and anxiety disorder requiring 8-9 hours of sleep.
•A federal judge had ruled the case could proceed, questioning if constant availability was essential for a first-year analyst.
•The settlement terms were not disclosed, preventing a jury from weighing in on broader work-hour and accommodation issues.

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