Goldman Sachs has eased working conditions for its junior investment banking staff by discouraging them from working long hours and at weekends.
The investment bank’s move is aimed at changing its culture to retain younger employees.
David Solomon, co-head of the investment banking division at Goldman Sachs, said: “The goal is for our analysts to want to be here for a career.
”We want them to be challenged, but also to operate at a pace where they’re going to stay here and learn important skills that are going to stick. This is a marathon, not a sprint.”