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JPMorgan, Citi, BofA Employees to Start 2022 Working From Home

  • Banks announce new policies in memos amid surge in Covid cases
  • JPMorgan expects staff to resume their commutes by February
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Returning to the Office in 2022
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JPMorgan Chase & Co., one of Wall Street’s staunchest advocates of returning to Manhattan skyscrapers, is offering employees the option of working from home in the opening weeks of 2022, and Citigroup Inc. and Bank of America Corp. are encouraging staff to log on remotely, as more financial firms grapple with the latest surge in Covid-19 infections.

“We are not changing our long-term plans of working in the office,” JPMorgan told staff in a memo on Thursday. “However, with the increase in holiday travel and gatherings, we are allowing for more flexibility during the first two weeks of January to work from home (if your role allows) at your manager’s discretion.”