Wall Street banks are in no rush to bring employees back to the office

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Wall Street banks are in no rush to bring employees back to the office
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Few Wall Street employees have returned to work, so far, and about half of them will likely continue working from home for the foreseeable future.

, which does not have a substantial trading operations but also has many banking employees in offices all over the country.

Health concerns are the major reason for continuing to work from home, but many executives emphasized how well the whole work-from-home experiment had been going. Only Goldman Sachs appears to have an aggressive approach to bringing its traders back to work. A small group of employees have already returned to the New York office, but CEO David Solomon implied that would be changing soon.

Solomon said the firm already was using a "split-team approach" in Hong Kong, with up to 50% working from the office. In Europe, 35% have already returned; 15% have returned in the U.K.Last week, BTIG became the first firm to announce its 11 offices would remain shut through 2020. "There is no need for any immediate return to the office in any location," Jennifer Mermel, chief operating officer, said in an announcement.

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