Work from home

Citi pulls back on plans for office return in 13 states

07/01/20

The bank is rethinking its plans for bringing back worker in Texas, Florida and other states where new coronavirus cases are surging.

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House passes PPP revisions; on Otting's day of departure, a CRA reflection

05/29/20

The bill, which now goes to the Senate, would give small businesses greater flexibility in how they use the funds; not everyone's on board with Otting's signature achievement.

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Fannie, Freddie capital goals raised; credit card, auto loans eroding

05/21/20

The FHFA says the two government-sponsored enterprises need at least $240 billion of capital before they can go private; Transunion says more than 3% of consumer loans it tracks are in financial hardship.

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Fed reprimands Deutsche Bank; Senate Democrats want PPP answers

05/14/20

The German bank’s money laundering controls are still not up to snuff, among other problems; three Democrats say banks may have shortchanged small-business borrowers.

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Banks' back-to-the-office playbook

05/11/20

Financial institutions are looking for a way to return some employees to their workplaces while prioritizing safety. The answer may involve contact tracing technology and the automation of a wide range of activities.

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Is the coronavirus giving banks an excuse to spy on employees?

05/06/20

Financial institutions have been monitoring workers' productivity at home with tracking software and webcams. Now they're mulling whether to mandate contact-tracing apps, COVID-19 testing and other practices that could raise further privacy issues.

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Big banks try to figure out logistics of 'back to work'

04/26/20

Inside Citigroup's headquarters in Manhattan, executives are trying to solve a problem bedeviling much of Wall Street: How to get employees up elevators.

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Banks grow wary of Zoom meetings

04/23/20

The popular videoconferencing service has been beset by security issues, and some banks have banned employees from using it. Are they overreacting?

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Morgan Stanley CEO sees much less of a physical footprint in its future

04/16/20

"We've proven we can operate with no footprint," James Gorman, Morgan's CEO, said. "Can I see a future where part of every week, certainly part of every month, a lot of our employees will be at home? Absolutely."

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How TD got a head start on coronavirus preparations

04/15/20

Reports from the Singapore office, a coronavirus war room and a hardworking IT staff all helped TD Bank Group get nearly all employees ready to work from home and able to handle a tripling of remote deposit capture activity.

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