JPMorgan, Citi Overseers Duel for Desks in OCC Office Return (1)

Regulators of major US banks including JPMorgan Chase & Co., Morgan Stanley and Citigroup Inc. may be forced to fight for desks as the Office of the Comptroller of the Currency pulls staff back to a Times Square skyscraper — without enough space for them.

“Due to a workspace shortage at your location, you will not participate in a seat selection process to have an assigned workspace,” according to an email sent Friday to unionized staff and seen by Bloomberg News.

The “hoteling” system used to book workspace will be suspended “for an indefinite period of time,” staffers were ...