According to a Reuters report on September 19th, JPMorgan has established a new position to oversee its junior bankers and analysts to address the long-standing issue of overwork on Wall Street. Ryland McClendon, who has worked at JPMorgan for nearly 14 years, has been appointed as the global investment banking assistant and analyst responsible, focusing on the "well-being and success" of the global staff and analysts. A few months ago, a junior banker at Bank of America died of acute coronary thrombosis, reportedly working over 100 hours a week. This incident once again drew attention to the high-pressure environment faced by newcomers in the investment banking industry. The investment banking division is an important source of revenue for the bank, with investment banking fees increasing by 50% in the second quarter, driving quarterly profits beyond market expectations.