Work from home

In this fireside chat, Ida Liu, the global head of Citi Private Bank, covers a range of topics, including how digital client engagement is evolving.

The return will take place over the next six months.

Hopes that the pandemic has been curbed have dimmed as infections and hospitalizations are on the rise again due to the introduction of the extremely dangerous Delta strain. For some companies, this has disrupted their plans to bring remote employees back to their offices or institute a "hybrid" arrangement.

Wall Street’s remote-work wars intensify as Citigroup commits to a flexible policy with some days at home.

The wirehouse seeks a recruitment edge over Wall Street banks taking a more hardline approach to in-office days.

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.

While most plan to keep their physical workspaces, others are preparing to embrace the remote style of the pandemic.

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.

The move by the nation’s largest bank is likely to be under close watch as state and federal authorities start to ease pandemic restrictions.

The move follows a mandate last week from JPMorgan Chase CEO Jamie Dimon, seeking to return his workforce in rotations from early July.

While some jobs such as trading are more suited for an office setting, CEO Bill Stromberg says technology and programming roles can be better handled remotely.

JPMorgan’s CEO said in a memo that he expects “all U.S.-based employees will be in the office on a consistent rotational basis” by early July.

While it’s good that firms are addressing mental-health concerns, Marcus Ashworth writes that temporary fixes don't get to the nub of the culture problem.

Industry veterans are hoping that COVID brings about lasting change, while welcoming the return of some ancient finance traditions.

Virtual training and orientation, including any licensing needed, will begin in July.

Employees indicated they want more personal time and women in particular have sought greater flexibility to work remotely, its co-head of wealth management says.

The vaccine rollout may not be happening as fast as we’d like, but an end to the worst of the pandemic is on the horizon. Is your firm ready for it?

Unexpected windfalls and limitations may accrue to WFH clients — and their financial planners.

Tax professionals are starting to hear questions from their clients ahead of the official start of tax season about a variety of issues related to COVID-19.