Deutsche Bank Orders Managers to Office Four Days a Week
- Other staff required to spend more time working in person
- Changes come into effect from June, tightening Covid era rules
A Deutsche Bank branch in Frankfurt, Germany.
Photographer: Alex Kraus/BloombergThis article is for subscribers only.
Deutsche Bank AG is tightening the expansive work-from-home rules it introduced in the wake of the Covid pandemic, joining a growing number of investment banks that require staff to be in the office more frequently.
Managing directors will have to be in the office four days a week while all other staff are required to come in at least three days, according to a memo on Thursday seen by Bloomberg. The changes are effective as of June.