Scotiabank Calls Its Head-Office Staff Back in Four Days a Week

Bank of Nova Scotia plans to call head-office employees back to the office four or more days per week starting in September, citing a push for more collaboration as it follows recent moves by other big lenders including Royal Bank of Canada and JPMorgan Chase & Co.

Toronto-based Scotiabank said it will require teams with “real estate capacity” to increase their days spent working in the office to “4+ days per week,” according to an internal memo sent to Canadian banking employees in the Greater Toronto Area last week. The memo, reviewed by Bloomberg News, wasn’t sent to branch ...