Two major banks to make big changes after death of Green Beret financier Leo Lukenas 'who worked 100-hour weeks'

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Two major banks to make big changes after death of Green Beret financier Leo Lukenas 'who worked 100-hour weeks'

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Two of Wall Street's largest banks will crack down on the number of hours junior bankers work after the sudden death of a 35-year-old who logged 100-hour weeks, it has been reported. Bank of America is introducing a timekeeping tool that requires employees to specify how their time is spent, according to The Wall Street Journal. And JP Morgan is set to cap junior bankers' work hours at 80 per week but with certain exceptions such as when there is a live deal, The Journal has reported.
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