StanChart CEO Is in No Rush for Return-to-Office Mandates

Standard Chartered Plc said it would maintain a flexible attitude toward its employees’ working arrangements, bucking a trend among some of its Wall Street rivals that are ordering workers to return to office five days a week.

After a recent assessment, the London-listed lender concluded that keeping the “current approach, with strong guardrails, remains right for us,” Chief Executive Officer Bill Winters said in an internal memo seen by Bloomberg News.