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Bank of America gets U.S. staff back to some offices as COVID cases fall - source

01/25/2022 | 03:41pm EDT
FILE PHOTO: A Bank of America logo is pictured in the Manhattan borough of New York City

(Reuters) - Bank of America Corp is bringing employees back to offices in parts of the United States where new COVID-19 cases have started to decline, a person familiar with the matter told Reuters on Tuesday.

The company had earlier encouraged employees to work remotely during the first three weeks of January, after a big spike in COVID-19 cases forced several large U.S. banks to pause return-to-office plans.

Like its peers, Bank of America has pushed employees to get fully vaccinated and has hosted on-site vaccine booster clinics for staff across the country.

Bank of America is not the only large bank to have asked employees to return to office - in January, rival lender Citigroup also asked employees in the New York City region to return to office in early February.

(Reporting by Mehnaz Yasmin in Bengaluru; Editing by Devika Syamnath)


© Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
CITIGROUP INC. -0.06% 49.75 Delayed Quote.-17.62%
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