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The Guardian - UK
The Guardian - UK
Business
Kalyeena Makortoff Banking correspondent

JP Morgan creates new role to prevent overwork among junior bankers

Image of a man’s feet and legs as he walks past a JP Morgan sign outside the bank’s headquarters in Canary Wharf, east London
JP Morgan also plans to hire more junior bankers to ease the pressure on staff. Photograph: Dylan Martinez/Reuters

JP Morgan has created an international role to oversee the “wellbeing and success” of junior bankers after renewed concerns over the health and safety of overworked staff across the industry.

Ryland McClendon, its head of diversity and inclusion, has been appointed as the bank’s first “global investment banking associate and analyst leader”, referring to its most junior ranking staff.

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