Two Out of Three Banks Offer Workers Some Flexibility Despite Office Push

Jamie Dimon and other Wall Street chiefs keep banging the drum on returning to the office, but new data shows that workers have more flexibility than once thought.

More than two out of three banks are offering workers either full flexibility or some sort of hybrid-work arrangement, according to a survey of more than 300 financial services institutions by Scoop, which helps companies coordinate hybrid teams. Half of the 76 banks surveyed were hybrid, meaning they set minimum or specific times for on-site attendance, while 18% were either fully remote or let employees choose when or if they come into the office. More broadly across the financial sector — including fintech, insurance and investment firms — eight out of ten workplaces offered some flexibility.