Goldman to bring US and UK bankers back to office in June

Goldman to bring US and UK bankers back to office in June

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Wall Street giant Goldman Sachs told its bankers in the US and UK on Tuesday that they should be ready to return to the office next month, as the two countries loosen restrictions in response to falling Covid-19 cases.

US staff were asked to be ready to report to the office by June 14, while UK employees will be called back one week later on June 21, according to an internal memo viewed by the Financial Times.

In other parts of the world where more progress in combating the coronavirus pandemic has been made, like the Asia-Pacific region, the bank’s offices are nearly full with returnees.

“We know from experience that our culture of collaboration, innovation and apprenticeship thrives when our people come together, and we look forward to having more of our colleagues back in the office so that they can experience that once again on a regular basis,” said the memo, signed by the bank’s three most senior executives, including chief executive David Solomon.

The mandate follows asimilar onefrom JPMorgan Chase, in which it told its US staff last week to be in position to be back in the office on a regular