Banks put brakes on return to office

摘要

Banks in London have halted or reversed their return-to-office plans after a U-turn in UK government advice, making a more substantial return unlikely this year. HSBC, DEUTSCHE BANK, CITIGROUP, BARCLAYS, UBS, JP MORGAN, GOLDMAN SACHS and others have paused plans to return more staff to offices in the UK in the coming weeks, although at most firms individuals still have the option to go in if they can work more effectively there. Bank sources said there were limited numbers of staff back in offices, so there will not be a big shift in practice - but it looks set to scupper plans to accelerate the return in October.