A group of junior bankers, frustrated with repetitive tasks, have reportedly developed an AI tool valued at $2 billion to automate their grunt work.

JPMorgan has reportedly begun monitoring the keystrokes, video calls, and meetings of its junior investment bankers, claiming the surveillance is implemented for employee well-being.

Goldman Junior Bankers’ Photo Shoot in Hermes, Tom Ford Sparks Blame Game  Bloomberg.com

Case brought by Kathryn Shiber fuelled debate about junior bankers’ working hours

Major Wall Street banks, including those led by David Solomon, Jamie Dimon, and Jane Fraser, are introducing various policies and guidelines to monitor and manage the notoriously long working hours of their junior bankers.

The Wall Street firm settled a case brought by a sacked junior banker over her sleep needs

UBS Americas has implemented a new policy requiring its junior bankers to return to the office five days a week, marking a shift in its post-pandemic work arrangements.

JP Morgan Chase has introduced a new computer-based tool to compare junior investment bankers' self-reported hours with computer estimates, stating it is for 'awareness, not enforcement'.

Recruiters said little has changed about Wall Street hours. Momo Takahashi, Business Insider Wall Street averted a closely watched trial over how many hours junior bankers can sleep. The settlement c