dryriver writes: Calls have been made for an overhaul of the long-hours culture among young staff working for banks in the City of London after the death of a "dedicated" German student who had won a sought-after placement at Bank of America Merrill Lynch. Moritz Erhardt, 21, had won a place as a summer intern at the London city offices of the US bank and was nearing the end of his placement when he was found dead in the shower at his temporary accommodation in east London by ambulance services on 15 August. Merrill Lynch did not comment on the length of Erhardt's working hours, and also declined to comment on whether interns – who are understood to be paid £45,000 pro rata – are routinely made to work longer than 12-hour days. A fellow intern at the bank described the aspiring student as a "superstar", adding: "He worked very hard and was very focused. We typically work 15 hours a day or more and you would not find a harder worker than him." He told the Evening Standard: "He seemed a lovely guy and was very popular with everyone. He was tipped for greatness."
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