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BofA Says Junior Bankers Should Take Some Weekends Off

Bank of America Corp., the second-largest U.S. lender, said it’s improving working conditions by joining competitors in recommending junior bankers take some weekends off.

“While we do not encourage weekend work, effective immediately, we recommend that analysts and associates take a minimum of four weekend days off per month,” Christian Meissner, head of global corporate and investment banking, said in a memo to employees today. The contents of the memo was confirmed by a spokesman in London.