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There's a 'the side' when working at an investment bank? I thought you guys pulled silly-nuts hours and had no spare time. The IB guys I read about constantly lament forgetting that they can't have a social life on weeknights when they get called in at crazy hours to fix up some higher-up's whim.

I think it depends on the division you work in. Some guy working in the networks/infra team may get better work/life balance than someone else in the front-office development team. I work in the latter and I must say the hours do suck and you tend to be drained when you get back home after work. But I believe that if you have a strong will and good work ethics you can still manage to work on side projects in the evenings and week-ends. Hard but feasible.

It's the same as with tech companies. Some people will do crazy hours at some companies, some people won't.

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