Bankers Unlikely to Return to Offices Anytime Soon

Barclays Chief Executive Officer Jes Staley believes that having large headquarters for bankers might be a thing of the past; on a conference call Staley stated, “There will be a long-term adjustment about how we think about our locations.” Being thrown out as an idea is that branches might serve as alternative sites once investment bankers start returning to work; other banks including Standard Chartered are rethinking how they view work-from-home policies as they have seen success as employees stay home; Citigroup has noted to their staff that employees should expect a slow, gradual return with some perhaps not returning to a physical office for the rest of the year; JPMorgan Chase has said that they might have attendants outside elevators to push buttons and Goldman Sachs is considering similar actions. American Banker

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