Citi, HSBC, Barclays Ramp Up Demands for Five Days in Office (2)

May 24, 2024, 5:13 PM UTC

Citigroup Inc., HSBC Holdings Plc and Barclays Plc are ordering more staffers to report to company offices five days a week as regulatory changes make it trickier for Wall Street to allow working from home.

Citigroup is requiring about 600 US employees previously eligible to work remotely to commute to company offices full-time, the New York-based firm said in a statement Thursday. Even then, the majority of staff can continue their hybrid schedules, working up to two days a week outside the office, it said.

At HSBC, shifting regulations affect about 530 staff in New York — roughly half ...

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