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Wells Fargo is pushing its return-to-office plans back a month to early October, citing rising COVID-19 rates across the U.S.
August 5 -
The San Francisco company said it will offer workers varying degrees of flexibility based on job type and experience. The bank will also collect data on who has been vaccinated.
July 16 -
CEO Richard Fairbank told employees they can continue to work remotely on Monday and Friday, though the company is still encouraging them to “spend meaningful time” in the office collaborating.
June 30 -
Citigroup joined rivals including UBS Group in touting its flexible work policies as a tool that will offer a competitive edge in recruiting and retaining top staff.
June 30 -
The nation’s largest bank is ordering workers to fill out a questionnaire on their vaccination status by the end of this month, CEO Jamie Dimon and other members of the operating committee wrote in a memo to staff Wednesday.
June 24 -
The policy, outlined in an internal memo, is one of the most restrictive issued by a major U.S. bank so far.
June 23 -
More than 70% of U.S. bank workers expect their employers to allow some flexibility about where and when they do their jobs, according to a new survey from Arizent. The findings suggest that to attract and retain talent, banks will have to continue work-from-home arrangements that became standard during the pandemic.
June 18 -
American Express is planning to allow employees to work from home for at least part of the week on a permanent basis as the finance industry continues to unveil plans to bring staff back to the office.
June 15 -
It’s a short stroll from Goldman Sachs Group’s global headquarters to Citigroup Inc.’s, but when it comes to reopening after the pandemic, the two Manhattan towers might as well be thousands of miles apart.
June 14 -
2020 was a challenging year for banks. The impact of COVID on the economy as well as changes to accounting for loan loss provisions were evident in weaker financial and stock price performance in 2020 for many banks and yet CEO compensation increased. Learn from experienced executive compensation consultants about the challenges Compensation Committees faced in 2020, why pay levels increased relative to 2019, what were common COVID-related compensation changes, and what changes were made for 2021 incentive plan design.