Goldman Sachs Group Inc., this year’s top merger adviser, is discouraging investment banking analysts from working weekends as it overhauls demands placed on entry-level employees and the support they receive.
Goldman Sachs developed a “junior banker task force” of executives from around the world earlier this year to improve analysts’ work environment and career development, said Michael DuVally, a company spokesman. The bank will have 332 analysts in its 2014 class, up 23 percent from 2012, he said.
