Citi Sees Most Staff Back at U.S., U.K. Offices by September

City, led by Jane Fraser, is adopting a flexible work approach, differing from other Wall Street firms. While peers like Morgan Stanley and Goldman Sachs view remote work as temporary, City plans a part-time office return by September. Concerns exist about career impacts, especially for women, but City aims to address these with flexible policies. In the UK and Europe, banks are also embracing hybrid work, aligning with City’s strategy to attract and retain talent.

How does the flexible working approach of City compare with that of UK financial services firms?

What is the significance of the survey indicating that more than 80% of UK financial services firms are expecting a hybrid approach?