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Barclays Tells Dealmakers to Return to Offices Four Days a Week

Sept. 23, 2022, 3:13 PM

Barclays Plc has told its investment bankers to work from the office at least four days a week, saying worsening market conditions mean a greater need for in-person collaboration.

Starting Oct. 3, the company expects dealmakers around the world to be back in the office Monday through Thursday, according to a memo sent to staff this week and seen by Bloomberg.

“This approach will provide for all of us a more optimal environment in which we can collaborate on compelling client pitches and execution of live deals,” the lender’s Investment Banking Management Team wrote in the memo.

Such a return ...