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.
Related Posts
Supreme Court rejects telcos’ plea to recalculate Rs 1L crore dues
The Supreme Court has denied Vodafone Idea and Bharti Airtel’s curative petition seeking a re-calculation of adjusted gross revenue (AGR) dues totaling over Rs 1 […]
Stock market today: BSE Sensex opens in red; Nifty50 above 24,800
Stock market today: Indian equity benchmark indices, BSE Sensex and Nifty50, opened marginally in red on Friday. While BSE Sensex was above 81,000, Nifty50 was […]
Eros International Media case: 17 entities fined by Sebi for alleged non compliance
Securities and Exchange Board of India (Sebi) fined 17 entities, totaling Rs 2 crore, for failing to provide timely information in the Eros International Media […]