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Deutsche Bank Sees Remote Work for Up to Three Days a Week

  • CFO says hybrid arrangement could mean 60% of time at home
  • Lender is already cutting office space at asset management arm
Bloomberg business news
WATCH: Deutsche Bank CFO James von Moltke discusses returning employees to its offices (scroll to 7’35”).Source: Bloomberg
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Deutsche Bank AG is working on plans to allow staff to work from home up to three days a week, as it considers one of the most flexible return-to-office policies among large international banks.

The Frankfurt-based lender is “moving to provide our employees some additional flexibility in hybrid working models,” Chief Financial Officer James von Moltke said in an interview on Bloomberg Television Wednesday. “It’s a range of 40 to 60 percent, we think, of flexibility. And it will really be up to the employee, but in a structured way with the manager so we know when people are expected to come to the office.”