Big Brother bank: JPMorgan is reportedly tracking junior bankers hours with new surveillance tech after concerns about exhaustion

JPMorgan is reportedly using computer tracking to monitor junior bankers’ hours — comparing their self-reported time sheets with internal data to catch underreporting amid ongoing concerns about Wall Streeters working themselves past the point of exhaustion.The nation’s largest lender will give junior investment bankers computer-generated reports measuring how long they actually work, the Financial Times reported.The estimates draw on employees’ digital footprints — including video calls, keystrokes and scheduled meetings.“Much like the weekly screen time summaries on a smartphone, this tool is about awareness — not enforcement,” JPMorgan told FT in a statement.“It’s designed to support transparency, wellbeing, and encourage open conversations about workload.”The Post has sought comment from JPMorgan.In 2024, JPMorgan and Bank of America imposed limits on junior bankers’ hours after the death of a 35-year-old BofA associate who reportedly worked 100-hour weeks on a $2 billion merger.JPMorgan imposed a cap of 80 hours per week while Bank of America rolled out a new timekeeping tool that requires associates to specify how their hours were spent.Jonathan Alpert, a New York-based psychotherapist who works with Wall Street clients, said junior bankers already report “intense pressure” from long hours, being constantly available and fear of falling behind.He warned that added monitoring could reinforce a “never off the clock” mindset — and “accelerate burnout rather than prevent it.”“The deeper issue is cultural,” Alpert told The Post on Friday.

“On Wall Street, overwork is still often treated as a signal of commitment.Until that changes, tools like this risk treating the symptom, not the cause.”Months earlier, Leo Lukenas III, 35, a former Green Beret and married father of two young children, died of a heart attack in 2024 after logging workdays of at least 16 hours at BofA.Social media outcry laid the blame at the feet of ...