Are banks in the US still requiring people to go into the office? My brother at JP Morgan in Sydney is still going in bc apparently they can’t WFH (something about no access to Bloomberg terminal 🙄)

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I assume if ibankers in NYC can wfh, those in sydney should be able to as well?

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So there are some groups at JP in NYC that can’t, but I do think they’re trying to open up smaller offices outside the city in both nyc and London for that. Your brother is right though in that some programs will only run on JP computers because of our security measures

Bloomberg and Reuters both have remote access capabilities. That's a terrible excuse.

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Second this. My roommate has remote access to Bloomberg for his job and has been using it from the dining room table.

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He also doesn’t want to WFH so maybe it’s an excuse but he still lives at home with my parents who are around 60 (yes, he’s 24, making over 2x what I am, and still has mum iron his shirts) so I’d rather he didn’t catch public transport everyday

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Friend at Deutsche Bank still has to go in as an “essential employee”, also for the Bloomberg/recorded phone reason. He said that very few of them are required to go in though, and IT is working to fix up the remote option.

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Was at my local bank in the US and they told me starting tomorrow they are closing the front doors and asking people to do drive through only.

I wasn’t referring to consumer banks but yeah, if banks that usually meet with their clients daily can close, investment banks should be able to as well...

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Is he a trader? Then maybe he has to go in.

Brother in law is a VP at fidelity and he has to go in still. Something about customers still bringing in checks etc. Old school customers.

Capital One has figured out a way to shift everything corporate to WFH, even the service centers. Some branch teller services however, are closed along with banking cafes. ATMs are still available.

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