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The Latest Breaking News from Leo Lukenas III

JPMorgan has started monitoring the keystrokes, video calls, and meetings of its junior investment bankers—and they say it's for employee well-being

JPMorgan plans to track junior bankers’ hours as Wall Street steers away from its tough 100-hour workweek “rite of passage.”

JP Morgan Chase to use computer estimates to monitor hours worked by junior bankers

JP Morgan Chase to use computer estimates to monitor hours worked by junior bankers

Company says tool to compare self-reported hours with computer estimates is for ‘awareness, not enforcement’

The Guardian - UK

Investment bankers forced off beach as Citi shuts Málaga office

Investment bankers forced off beach as Citi shuts Málaga office

Economic headwinds may force junior employees to prioritize job security over work-life balance.

From analysis to the latest developments in health,
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UK Junior Lawyers 'Who Haven't Seen Sunlight in Months' Asked to Work 70-Hour Weeks to Justify Their Salaries

Junior lawyers face intense pressure from rising salaries and demanding hours, prompting concerns about work-life balance and mental health.

International Business Times UK

Ex-Green Beret Turned US Banker Dies After Working 100-Hours Weekly, Who Is His Boss And Why Isn't He Fired Yet?

BofA's former head of Financial Institutions Group, Gary Howe, is known for enforcing long working hours on junior bankers under him, which potentially played a role in the death of an ex-Green Beret who joined the bank to support his family.

International Business Times UK

Extreme Hours, Fatal Consequences: Two Major US Banks Revamp Policies After Associate's Death

Two major US banks, JPMorgan Chase and Bank of America, have been forced to revise their junior banker work hours after the tragic death of 35-year-old associate Leo Lukenas, who reportedly worked up to 100-hour weeks, sparking widespread calls for reform in the industry.

International Business Times UK

Investment firm caps work hours for junior staff at 80 a week after outcry over young banker’s shocking death

Leo Lukenas III, 35, died in May after working multiple 100-hour weeks

The Independent UK

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JPMorgan just capped junior bankers’ hours—at 80 per week

JPMorgan just capped junior bankers’ hours—at 80 per week

JPMorgan and Bank of America are cracking down on the industry’s infamous always-on culture.

Bank of America tells junior execs to blow the whistle on managers who overwork them

Bank of America tells junior execs to blow the whistle on managers who overwork them

Managers reportedly told employees to downplay how much they were working to avoid triggering an HR policy.

Major bank CEO says he only took his $4.2M job on the condition he could work from home

Major bank CEO says he only took his $4.2M job on the condition he could work from home

"I wouldn’t have wanted to be away from home five days a week. That wouldn’t have been good for the family or for me.”

Netizens Raise $383K For Banker Dead at 35: Wall Street Slammed For Toxic Work Culture

Netizens Raise $383K For Banker Dead at 35: Wall Street Slammed For Toxic Work Culture

Employees of Bank of America have reported working 100-hour work weeks, leaving their posts due to a toxic work environment and feeling depleted.

International Business Times UK

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