News Topic: Work from home

Citigroup’s Michael Corbat said he’s worried about potential long-term negative effects after many of his employees spent the vast majority of 2020 working from home. ... Read full article

With COVID-19 cases soaring, a growing number of banks, including JPMorgan Chase, U.S. Bancorp and Capital One, have pushed back target dates for bringing employees back to offices. Some are even allowing them to work from home indefinitely. ... Read full article

Some workers have thrived while working remotely but others miss the social interaction of an office, and the recent surge in coronavirus diagnoses means employers will be facing these challenges well into next year. ... Read full article

Financial institutions are using behavioral analytics, imposing tighter controls and taking other steps to prevent employee-caused security lapses. ... Read full article

Corporate breaches facilitated by employees — often accidentally — rose significantly this year, and banks have been particularly hard hit. Here's why. ... Read full article

“The asset management industry in particular has found it is quite productive to work from home,” says Mary Erdoes, who runs asset and wealth management at JPMorgan Chase. ... Read full article

Fraudsters have increased their attempts to steal data through email scams since much of the financial services sector moved to remote work when the pandemic began. ... Read full article

The credit union regulator has no immediate plans to bring staff and examiners back into the office, but Chairman Rodney Hood said staying remote would remain an option for all staff members during Phase 1 of any return. ... Read full article

Four of the nation's largest banks updated their progress in recent days on return-to-office plans. The takeaway: Most workers won't be back anytime soon. ... Read full article

A survey sent to workers in New York, New Jersey and Connecticut last month found that most wanted to start by returning to the office just a few days a week. ... Read full article

The JPMorgan Chase CEO, among the biggest Wall Street proponents of returning workers to the office, doesn’t see life returning to some form of normal until mid-2021 at the earliest. ... Read full article

What Jason Gardner, founder and CEO of Marqeta, has learned leading a 450-person fintech from home. ... Read full article

The industry has long talked about embracing digital technology — but the time for talk may be over. ... Read full article

JPMorgan Chase told thousands of office workers across its consumer unit they can plan to continue working remotely until next year, breaking with the firm’s Wall Street operations. ... Read full article

Sergio Ermotti joined JPMorgan Chase's Jamie Dimon in expressing concern about the long-term consequences of remote work. ... Read full article

More than 160 institutions will use the money to help members weather the coronavirus by offering new products and providing help with loan payments. ... Read full article

JPMorgan Chase's CEO says he fears productivity is slipping and that workers, particularly younger ones, are feeling alienated. ... Read full article

Vanessa Colella, innovation chief at Citi, says remote working has had a democratizing effect. She also touches on the types of technology Citi has been incubating, the startups it’s investing in and her efforts at fostering a culture of generosity. ... Read full article