JPMorgan Chase is limiting its junior investment bankers to a maximum of 80 hours per week, The Wall Street Journal ... comes after 35-year-old Bank of America associate Leo Lukenas III died ...

A Midwestern investment bank ... of Jefferies and former Bank of America analyst Leo Lukenas, 35 — died after they were made to work as much as 100 hours per week. McIntosh died of a suspected ...

The development follows the Wall Street Journal‘s investigative story in August into the 100-hour-plus weeks worked by younger employees at Bank of ... of 100 hours per week on multimillion ...

JPMorgan will now cap junior investment bankers’ hours at 80 a week in most cases, people familiar with the matter said. Meanwhile, Bank of America is implementing a new timekeeping tool that ...

Traditionally, investment bankers work long hours, sometimes as many as 100 hours per week. Bankers are often under time pressure as many projects have tight deadlines. Banking culture values and ...

Bank of America BAC-0.86%decrease; red down pointing triangle says it is stepping up its oversight of young bankers’ workloads, the firm’s latest change since the death of an employee working ...

Junior bankers at Goldman Sachs work an average of 98 hours ... per week, the survey found. Junior bankers at the runner up to Goldman averaged about 86 hours a week. Over 2,500 first-year ...

The hours in investment banking are almost always brutal, with 60-80 hours per week being a baseline for investment banking analysts (the lowest on the totem pole). During busy times, work weeks ...

JPMorgan Chase is limiting the hours its junior investment bankers can work after the shocking death of a 35-year-old Bank of America associate earlier this year. The bank will make exceptions to ...