Barclays Requiring Investment Bankers To Return To Office "At Least" Four Days A Week
Barclays Requiring Investment Bankers To Return To Office "At Least" Four Days A Week Barclays has been the latest investment bank falling in line with the others and requiring its investment bankers, who have been working from home since the pandemic, to return to the office for "at least" four days a week. The bank has been telling its employees that "worsening market conditions mean a greater need for in-person collaboration," Bloomberg reported this week . The company is implementing the new policy effective October 3. It''ll expect that its principle dealmakers are in the office from Monday through Thursday, according to a memo sent to staff and reviewed by Bloomberg. The memo, written by the Investment Banking Management Team, says: “This approach will provide for all of us a more optimal environment in which we can collaborate on compelling client pitches and execution of live deals.” The memo stresses that the move is crucial in “tougher market environments like the current part of the cycle where proactive engagement and thought-provoking content is most important for our clients.” The bank hasn''t completely given up on its hybrid model, however.
Barclays Requiring Investment Bankers To Return To Office "At Least" Four Days A Week
Barclays Requiring Investment Bankers To Return To Office "At Least" Four Days A Week Barclays has been the latest investment bank falling in line with the others and requiring its investment bankers, who have been working from home since the pandemic, to return to the office for "at least" four days a week. The bank has been telling its employees that "worsening market conditions mean a greater need for in-person collaboration," Bloomberg reported this week . The company is implementing the new policy effective October 3. It''ll expect that its principle dealmakers are in the office from Monday through Thursday, according to a memo sent to staff and reviewed by Bloomberg. The memo, written by the Investment Banking Management Team, says: “This approach will provide for all of us a more optimal environment in which we can collaborate on compelling client pitches and execution of live deals.” The memo stresses that the move is crucial in “tougher market environments like the current part of the cycle where proactive engagement and thought-provoking content is most important for our clients.” The bank hasn''t completely given up on its hybrid model, however.