After a year of telecommuting, Wall Street is preparing for a return to head-to-head confrontation

(New York) After a year of precautions and massive remote work, Wall Street is preparing to return to work face to face, with more licensed brokers on the New York Stock Exchange hall starting Monday, and Goldman Sachs employees are called back to the office in June.

France Media

The legendary New York Stock Exchange building temporarily closed its doors for several weeks at the start of the pandemic before reopening at the end of May 2020, with a limited number of brokers and various security measures.

“In light of the improved health situation in New York and the continued progress of vaccination in the country,” the New York Stock Exchange decided to amend its protocols starting Monday, according to a memo sent to all the people and companies operating on the ground.

People who have been vaccinated will no longer need to undergo testing and will be able to take off their masks and eat while they are sitting in their positions.

If all company employees were vaccinated, this could increase the number of employees present.

Journalists will also be allowed to roam the ground again.

Investment bank Goldman Sachs has called on its American and British employees to make arrangements to be ready to return to office, effective June 14 in the US, and effective June 21 in the UK.

A note written by the administration on Tuesday and consulted by Agence France-Presse said they would have additional indicators in the coming weeks, depending on the conditions and limits in terms of capacity that should be taken into account.

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In parts of the Asia-Pacific region, officials note that many offices have already returned to near normalcy.

“We know from experience that our culture of collaboration, innovation and learning thrives when our employees come together,” the text justifies.

Goldman Sachs is following in the footsteps of JPMorgan Chase, which informed its US employees last week that it expects them to return to the office, at least part-time, by July at the latest.

CEO Jimmy Dimon said Tuesday at a conference organized by The Wall Street Journal that he was preparing to “cancel all meetings on Zoom”.

“We want people to return to the office, and in my opinion, by September or October, the situation will return to what it was before,” he said.

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