For anyone based in London, what do the office plans/communications look like?
Starting training in a few months (which will be online) but wanted to get a feel about how many people have started going in and how likely it is that we will be physically in the office by end-August/September
Or are banks completely silent even internally?
| +137 | Piper Sandler in talks to acquire PWP | 61 | 7h |
| +125 | Interns without return offers, careers & perspective | 11 | 15h |
| +114 | UBS Appears to be Exploring Sale | 15 | 59m |
| +110 | Just One More Year | 11 | 2d |
| +82 | Are all these UBS postings bullshit? | 21 | 17h |
| +76 | Bringing Deals as a Vice President | 24 | 36m |
| +66 | Paradise Is Paradise | 5 | 19h |
| +37 | Q&A | Investment Banking Analyst, UBS | 2 years in investment banking | 11 | 1d |
| +35 | Q&A | Incoming Associate, Bulge Bracke, AMA: Career switcher (tech sales/BD → MBA → BB TMT IB), return offer | (6 years in Tech/Accounting) | 6 | 5d |
| +32 | M&A is Paradise | 1 | 2d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
GS bankers can go back to office in London since April 6
But how many are going in? Is there an expectation to get everyone back?
You mind telling which bank you’re going? Also starting training this summer but no communication on whether it’ll be online or on site
BB - Sorry don't really see the value in being specific
You are even commenting as anonymous: what's the point of not telling the name, if it's a BB and not a small boutique?
Looks like from June 21st will be going in.
Not BB
Just an assumption based of Boris' plan or has there been any internal communication about this?
No official internal communication but have been told/indicated by managers that as long as there is an easing on June 21st then return to office will start then. Nothing set in stone and as someone above noted, GS and JPM are already welcoming people back into office as of yesterday.
Internally communicated the target to be some time in July
Our offices have been open through lockdown but you needed approval from HR to go (for wellbeing reasons etc.)
Now they're fully open but no one is encouraging us to go in, maybe 10% are in.
I expect more people to go into the office during summer.
My bank (think BNP, Nomura, HSBC, Soc Gen), told us we're now allowed to go to the office if strictly necessary but we have to test + book in advance the desk. Plan is to come back to the office by summer.
https://www.zerohedge.com/covid-19/when-will-uk-go-back-office
survey on zerohedge regarding this topic
My bank (BofA) said “end of summer” for current employees but new hires are not expected in London until octobre.
Hearing September, but nothing is settled (BB).
I think banks will want people in June ish - but people will not want to spend the summer in the office - so September is my guess!
Already being chased by MDs to get back in the office (including scheduled calls where they reiterate that it is “heavily encouraged”). Word from the top is that everyone is expected 5 days a week from June and WFH is only in exceptional circumstances. Not really very happy about it.
Which firm, if you don't mind?
EB / Strong MM - think they can get away with it as less public scrutiny
Honestly as an incoming analyst this would not be a bad scenario. Really don't want to spend the first 3 months online...
Et nesciunt praesentium voluptas vero. Nesciunt accusantium ullam a aut sed facilis earum. Sunt molestiae incidunt eos. Iste eos error autem qui suscipit enim excepturi. Nobis rerum quod est accusamus ipsa recusandae.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...
Nisi eaque distinctio ratione magni rem odit. Nobis qui recusandae et quia eaque. Natus incidunt dolorum sed excepturi est accusamus. Possimus quia aut adipisci qui quidem incidunt. Eum sunt officia quaerat et voluptatibus esse explicabo.
Numquam aut omnis impedit aspernatur. Et deserunt ut ipsum illum. Soluta eveniet delectus iste maxime officiis et optio. Doloremque architecto quaerat rem nihil. Sint et necessitatibus consequatur cum dolor molestiae ut. Aut at hic sapiente doloremque qui suscipit.