As if banks did not have enough to contend with confronting the new wave of regulation, Goldman Sachs in Zurich is now under investigation for overworking its staff.
The bank's Zurich offices were visited on Wednesday by members of the local labor inspectorate following a complaint two weeks ago by the personnel union for Swiss banks connected to Goldman's timekeeping practices.
(Read more: BofA intern dies, worked 3 straight days: Reports)
The Zurich Office for Economy and Labor (AWA) confirmed a visit had taken place to determine whether Goldman recorded the hours its employees were working. AWA declined to comment on the findings of the investigation as they have not yet been finalized. Goldman also declined to comment.
The visit comes as banks, and the City of London in particular, have come under pressure to reform their hardworking culture following the death of a Bank of America intern in London last month.