Mastermind behind meme account that took a dig at Wall Street giants revealed

"Litquidity" has over eight lakh followers on Instagram.

A 32-year-old investment banker and an ex Deutsche Bank employee has been revealed as the person behind “Litquidity”, the anonymous meme account with over 3.5 lakh followers on X and over eight lakh followers on Instagram.

Hank Medina revealed his identity for the first time an in interview with the Financial Times, sharing how he built his alter ago on the internet.

“There were always those loudmouths at the office,” he said of the people who gave fodder for his satire content on “Litquidity” satirises. “But I was mostly the observer.”

“Litquiduity” gained massive popularity during the pandemic. In 2021, it shook Wall Street and became the talking point on the internet when Medina published details of 13 entry-level Goldman Sachs analysts complaining of heavy workload, leading to lack of sleep, mental and physical stress.

Born to Nicaraguan immigrants in Miami, Medina graduated from Cornell University’s business school in 2013. He worked at lender CIT Group, Jefferies and a private equity firm before joining Deutsche Bank in 2019. It was during his third job at the private equity firm that he launched "Litquidity".

Medina launched “Litquidity” on Instagram in 2017 as just a meme page, poking fun at the Wall Street work culture and the life of its investment bankers.

Today, it is a profitable business and is closely watched by juniors as well as top executives.

Medina compared his massive Instagram following to the size of “eight Ohio State University football stadiums”.

“And I’m just standing in the middle of the field, making jokes to them. It makes me feel so tiny. I try not to think about it.”