'JPMorgan and Bank of America to curb young banker work hours'

JPMorgan Chase and Bank of America are addressing concerns over excessive work hours for junior bankers. JPMorgan will cap weekly hours at 80, except during live deals. Bank of America is launching a platform to monitor workloads daily. These initiatives aim to manage workload distribution better and ensure junior bankers' health.

Sep 12, 2024 - 11:00

'JPMorgan and Bank of America to curb young banker work hours'

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JPMorgan Chase and Bank of America are addressing concerns over excessive work hours for junior bankers. JPMorgan will cap weekly hours at 80, except during live deals. Bank of America is launching a platform to monitor workloads daily. These initiatives aim to manage workload distribution better and ensure junior bankers' health.