JPMorgan Doubles Investment Banker Presence in Offices
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JPMorgan Chase & Co. is doubling the proportion of investment bankers coming in to its New York and London offices as Wall Street firms inch back toward normal work arrangements.
The U.S. bank requested that 50% of its dealmakers be in the office on a given workday, up from 25% previously, according to a person familiar with the matter. Bankers will work from home or the office on alternating weeks, according to the person, who requested anonymity to discuss private staff moves.