JPMorgan Will Have Staff Cycle Between Office and Remote Work in a Move That May Remake Wall Street

August 25, 2020

Article by:  Hugh Son

  • Workers in JPMorgan’s corporate and investment bank will cycle between days spent at the office and at home, keeping the ability to work remotely on a part-time basis, according to Daniel Pinto, head of the massive division.
  • The announcement by JPMorgan, the world’s biggest Wall Street bank by revenue, could pressure other financial firms to offer similar arrangements.
  • JPMorgan could shutter backup trading floors located outside New York and London as a result of the move.

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