Goldman Sachs prepares for staff to return to London office this week

SourceThe Guardian
SectorFinancial Markets
CountryMiddle east

Goldman Sachs is preparing for hundreds more staff to go back to its London office this week as it eyes a return to pre-pandemic working conditions.As many as 200 of the US investment bank’s workers could return to the main London office from Tuesday, joining several hundred staff who have been at their desks throughout several lockdowns. Goldman Sachs employs about 6,000 workers in London overall.Bankers were classed as key workers if their jobs support the functioning of the economy and financial stability, meaning some have been allowed to work in the office throughout the pandemic.At Goldman’s London office, between 200 and 300 workers such as financial traders have been travelling into work during the lockdowns because of their need to use specialised computer equipment. Other banks are looking at similar plans. A small number of staff are expected to start returning to Credit Suisse from Monday 12 April, for example, although the return will be staggered.The rapid pace of...read more...