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Banks address day and night working culture

Hard-work culture is coming under increased scrutiny as the industry grapples with its potential impact on individuals

The investment banking industry is known for its relentless hours, lost weekends and all-nighters to get a deal over the line. However this hard-working culture is coming under increased scrutiny as the industry grapples with its potential impact on individuals amid wider cultural change brought about in the wake of the financial crisis.

The death of Moritz Erhardt, a 21-year-old Bank of America Merrill Lynch intern, last August brought about a greater sense of urgency to enact changes.

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