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Thursday, May 19, 2022

JPMorgan, Barclays join bank rush to reopen offices in England

JPMorgan, Barclays join bank rush to reopen offices in England

JPMorgan (JPM.N), Barclays (BARC.L) and Deutsche Bank (DBKGn.DE) have told staff they can return to the office in England, joining a growing number of banks reopening their buildings after COVID-19 restrictions were eased this week.
JPMorgan told staff in England to return from Feb. 1, adding they expected people to work at least some days in the office every week according to working patterns agreed within teams, an internal memo seen by Reuters said.

The bank also encouraged staff to get vaccinated and to get a booster when eligible, but said it did not require this for people to return. A bank spokesperson confirmed the contents of the memo.

Deutsche Bank has told employees they can start coming back to the office from Jan. 31, a spokesperson said.

Barclays will also resume hybrid working in England from next week, a source familiar with the matter told Reuters.

Some staff including traders had continued to use Deutsche Bank offices, but now others will be able to return, with most working on average around three days a week in the office, the spokesperson said.

The banks join others including Standard Chartered, Citigroup, Goldman Sachs and HSBC in moving quickly to get people back in the office after the British government scrapped work from home guidance for England.
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