Wall Street

Goldman wants junior bankers to take weekends off: Report

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Goldman Sachs Group is pushing its junior investment bankers to take weekends off as the firm revises demands placed on entry-level employees, Bloomberg News reported.

Wall Street companies are competing to snatch the best recruits. Last year, Goldman Sachs decided to offer full-time employment to investment banking analysts, instead of offering two-year contracts, the business wire reported.

The moves seek to change the view that a career on Wall Street means 100 hours a week with no time off. These changes come when average pay is dropping at the largest U.S. banks, Bloomberg News reported.

(Read more: BofA intern dies after reportedly working 3 straight days)

To read the full story on Bloomberg.com, click here.