"What we did not want to do is to force people to come back simply out of decree," said HSBC CEO Michael Roberts, emphasizing the need for employee buy-in for in-person work.
Banks like Citigroup and Barclays are opting to return employees to the office five days a week rather than comply with the renewed home office inspection regulations.
FINRA's return to pre-pandemic inspection rules for home offices is prompting significant banks to reconsider their work-from-home policies to avoid the compliance burden.
HSBC's Michael Roberts stressed the importance of understanding employee preferences as they navigate the new regulatory landscape and transition back to office-based work.
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