August 24, 2013
Bank of America Merrill Lynch has announced it will review working conditions for junior employees after the death of a 21-year-old intern last week.
Moritz Erhardt, a Bank of America Merrill Lynch intern, was found dead in his dorm in London. A spokesperson for the London Metropolitan police said the death had been ruled "unsuspicious," and that the medical examiner was expected to release its findings later this week.
However, unconfirmed reports stated that Erhardt had been working through the night in the days before his death.
"We have also convened a formal senior working group to consider the facts as they become known," a spokesman for the Bank of America Merrill Lynch said in a statement. "To review all aspects of this tragedy, to listen to employees at all levels and to help us learn from them."
The company will particularly be looking at the working conditions faced by junior employees and interns.
