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At Long Last, Wall Street Sees Path to Return to the Office
- Flexibility is emerging, but banks largely want employees back
- Finance industry contrasts with tech’s embrace of remote work
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New York City is reopening, vaccinations are accelerating and spring brings with it an air of optimism. For Wall Street’s banks, that means a return to offices may finally be in sight.
At JPMorgan Chase & Co., hundreds of interns are set to work in the lender’s New York and London offices in the coming months. Citigroup Inc. will begin inviting more workers back to its offices in July, and expects 30% of its North America employees to return throughout the summer. Goldman Sachs Group Inc. has also said it hopes to have more staffers back by summer.