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BNP Paribas to Let Some Bankers Work From Home Half of the Time

  • Lender drawing up framework to offer workers more flexibility
  • Plan to come into effect September, unions still to sign
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WAHCT: U.S. and European banks are divided on flexible working.(Source: Bloomberg)

BNP Paribas SA is set to allow some bankers to work from home half of the time, joining European peers such as Deutsche Bank AG and UBS Group AG in allowing more flexible work on a permanent basis.

BNP is drawing up plans to offer more flexibility to staff, including several remote work scenarios, people familiar with the plans said. Each of the bank’s units will be able to choose the option that best suits their employee’s circumstances, the people said, asking not to be named because the details are private. When compatible with their positions, some bankers will be allowed to work from home two days one week, and three days the other, the people said.