A week ago, Barclays also hardened its stance on remote working, decreeing that all staff should work from the office at least three days a week, up from two.
Citigroup commits to hybrid working bucking Wall Street trend Managers told letting most staff continue to work up to two days from home will give bank competitive advantage.
Most of Citi’s employees work on a hybrid schedule, spending at least three days a week in the office and up to two days working remotely.
The boss of Citigroup has told executives that most staff will continue to be able to work remotely two days a week, a decision that sets it apart from other Wall Street banks.
The chief executive, Jane Fraser, in March 2021, shortly after she took became the first woman to lead a big Wall Street bank, told staff the bank was adopting hybrid working as a long-term strategy.
