Coronavirus

BlackRock, which already had pushed back a September deadline, asked employees to be “ready to return to the office more regularly if the situation improves.”

Banking executives aren’t giving up on the idea of a widespread return to the office.

The company, which has the most employees of any U.S. bank, will now begin bringing back staffers who have been working remotely starting Oct. 18, rather than Oct. 4.

UBS CEO Ralph Hamers is rolling out a permanent hybrid working model for the firm globally, allowing at least two thirds of its employees to mix work from home and the office. 

Across an industry that was already split on returning to work, policies are diverging more than ever.

Wells Fargo, with almost 260,000 employees, will now begin bringing back staffers who had been working remotely starting Oct. 4, while BlackRock also delayed its September deadline.

Vanguard is extending the payments to all workers who can prove they’ve gotten a COVID-19 vaccine, even if they were inoculated before the firm extended the offer.