UBS CEO Says Staff Who Don’t Want Vaccine Can Work From Home

UBS Group AG staff who don’t wish to receive a vaccine against the coronavirus can apply to work from home, Chief Executive Officer Ralph Hamers said, signaling a flexible approach on a topic that’s disrupting banks’ effort to get workers back to their desks.

“We have 25,000 employees alone in the U.S. and thousands more in Singapore and Hong Kong, and every country has a different legal framework around what you can and can’t make mandatory” with respect to vaccines, Hamers said at the Swiss Economic Forum in Interlaken on Thursday. “The pandemic has delivered solutions to manage the risk of carrying the virus and passing it to your colleagues, and that is to work from home.”