This is completely not true anymore and I don't think it has been for 30 years. Just like that WSJ article from a few months back said, WASPs are a dying breed, if not totally dead already. The CEOs of Lehman Brothers, Goldman Sachs, Deutsche Bank, JPMorgan Chase, Bear Stearns and Barclays are/were all Jewish. As is Charles Schwab, he president of the World Bank, the Chairman of the Federal Reserve, the president of the European Central Bank, and so on and so forth. Anecdotally, I don't know any WASPs in Finance at all. British Indian, Russian, Chinese/Korean american, tons of jewish people, white guys who aren't WASPs... the hours and culture might be ridiculous, but it ain't WASP culture anymore, if it ever was.