Workforce management

Credit unions expect hybrid work model after COVID ends

03/03/21

The industry quickly pivoted to remote work once the pandemic hit, but panelists who spoke during CUNA's online Governmental Affairs Conference predicted many institutions will utilize a mix of working from home and in the office once things return to normal.

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JPMorgan seeks to reduce office space in two Manhattan towers

03/02/21

JPMorgan Chase is marketing big blocks of office space in Manhattan as companies reevaluate their need for real estate amid the COVID-19 pandemic, according to people with knowledge of the matter.

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Dimon sees ‘carrots and sticks’ approach to COVID vaccines

03/01/21

While JPMorgan Chase’s chief executive would like the bank’s employees to get the COVID-19 vaccine, he said it’s unlikely to require the shots at least for now.

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Bank of America cuts staff in investment banking and trading

02/25/21

Bank of America cut some of its staff in the global banking and markets division this week. The latest cuts mark an end to BofA's pledge not to eliminate any jobs in 2020 as the global pandemic flared.

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Goldman CEO warns remote work is aberration, not the new normal

02/24/21

David Solomon has been one of the more vocal business leaders pushing government officials to move faster in making changes needed to bring employees back to work.

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Citigroup tells Texas employees they can use office for shelter

02/19/21

Citigroup told employees in Texas they could take shelter in the firm’s offices as the state grapples with the effects of a snow and ice storm earlier this week.

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BofA divided as bankers cry foul over special bonus treatment

02/08/21

Anger is building in the senior ranks at Bank of America after the company waived an unpopular new bonus policy for top traders and dealmakers while keeping the plan in place for other employees.

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Top bankers sound alarm: Remote work is starting to grate

01/26/21

Bankers including Mary Erdoes of JPMorgan Chase and Barclays CEO Jes Staley say working from home is at risk of not working anymore.

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Cathy Bessant is itching to bring BofA's tech workers back to office

01/07/21

Bank of America's chief operations and technology officer says even digital experts benefit from in-person collaboration. She wants her 95,000-person staff to return once it's safe.

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Wells Fargo extends work-from-home plans until at least March

12/17/20

The San Francisco-based bank will keep most employees working from home for at least a month longer than last announced.

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