Morgan Stanley's Gorman Says Virus Won't Change 'Character' of Bank Industry

The transcript discusses the potential reduction in physical office footprints for firms in major cities like Manhattan, London, and Hong Kong. Despite this, the speaker emphasizes the importance of having most employees in the office most of the time, suggesting that the character of the industry will not change significantly. The speaker also predicts that informal remote work practices will evolve into a more formal structure over time.

What is the speaker's perspective on having most people in the office most of the time?

What has been the trend regarding employees working from home in recent years?