Deutsche tells US bankers they must return to office by September 6

Deutsche Bank has told its approximately 1,500 US investment bank employees that they must return to office by early September, as it has become the last Wall Street lender to describe its return policy.

In Internal Memorandum Droy Goldman – Deutsche Investment Banking և Advisor ատվ Advisor և James Ames Davis – US Director investment banking, told staff that all of the bank’s American teams should aim to resume office work no later than Labor Day, September 6.

“If you are currently working remotely, please begin planning accordingly with your team` manager to resume your office before that date or before, “Goldman և wrote in a memo to Davies in the Financial Times.

Deutsche’s schedule is closer preferred step-by-step approach by European banks rather, a more aggressive attitude towards the position taken by the peers of the US headquarters.

JPMorgan Chase և Goldman Sachs recalled all US employees to their offices this month, and those like HSBC և Société Générale are returning to office more rudely.

Faster vaccination rates in the United States have allowed New York to break the blockade faster than some European financial centers.

Memorandum to the German Investor Banking Global Investment Bank on Tuesday Deutsche defined his approach to what type of employees would be required to be in the office five days a week, as opposed to those who would have more flexibility through the hybrid model.

So-called risk-takers who invest in the bank are likely to return to Deutsche offices full-time, while “customer-facing” staff is allowed to work remotely one day a week. Support staff are also sometimes allowed to work remotely.

It is Deutsche Bank relocation of staff to New York from its offices at 60 Wall Street to a 1m2 building near Columbus County near Central Park.

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