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JPMorgan is adding an 80-hour weekly cap and Bank of America is revamping timekeeping after a Wall Street Journal investigation highlighted investment banking’s work-obsessed culture.
Angelo Mozilo—a key figure in the subprime loan crisis in 2008 as chairman and CEO of Countrywide Financial—participates on a panel in Beverly Hills, Calif., in 2007. Anne Cusack/Getty Images By ...