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JPMorgan Joins Rivals in Pausing London Office Return Plans

  • U.S. bank follows Citigroup, Goldman Sachs after Johnson plea
  • Half of its deal-makers have been coming into the office
The U.K. offices of JPMorgan Chase & Co. in the Canary Wharf business, financial and shopping district of London.

The U.K. offices of JPMorgan Chase & Co. in the Canary Wharf business, financial and shopping district of London.

Photographer: Simon Dawson/Bloomberg
Updated on

JPMorgan Chase & Co. is the latest bank to halt plans to bring back more workers to its London base after the U.K. government urged people to work from home to stem a surge in virus cases.

The U.S. lender said it will wait on increasing the number of workers returning to U.K. sites including Canary Wharf following government guidance, according to a memo Wednesday seen by Bloomberg News. While some other lenders have encouraged people to return to working from home, JPMorgan said its business units will decide who is needed in the office.