Advertisement
Canada markets open in 3 hours 2 minutes
  • S&P/TSX

    22,259.47
    +312.06 (+1.42%)
     
  • S&P 500

    5,180.74
    +52.95 (+1.03%)
     
  • DOW

    38,852.27
    +176.59 (+0.46%)
     
  • CAD/USD

    0.7310
    -0.0012 (-0.16%)
     
  • CRUDE OIL

    78.34
    -0.14 (-0.18%)
     
  • Bitcoin CAD

    87,340.78
    -1,535.29 (-1.73%)
     
  • CMC Crypto 200

    1,328.68
    -36.44 (-2.67%)
     
  • GOLD FUTURES

    2,322.70
    -8.50 (-0.36%)
     
  • RUSSELL 2000

    2,060.67
    +24.95 (+1.23%)
     
  • 10-Yr Bond

    4.4890
    -0.0110 (-0.24%)
     
  • NASDAQ futures

    18,166.50
    -29.00 (-0.16%)
     
  • VOLATILITY

    13.55
    +0.06 (+0.44%)
     
  • FTSE

    8,301.26
    +87.77 (+1.07%)
     
  • NIKKEI 225

    38,835.10
    +599.03 (+1.57%)
     
  • CAD/EUR

    0.6787
    -0.0005 (-0.07%)
     

Bank of America gets U.S. staff back to some offices as COVID cases fall - source

FILE PHOTO: A Bank of America logo is pictured in the Manhattan borough of New York City

(Reuters) - Bank of America Corp is bringing employees back to offices in parts of the United States where new COVID-19 cases have started to decline, a person familiar with the matter told Reuters on Tuesday.

The company had earlier encouraged employees to work remotely during the first three weeks of January, after a big spike in COVID-19 cases forced several large U.S. banks to pause return-to-office plans.

Like its peers, Bank of America has pushed employees to get fully vaccinated and has hosted on-site vaccine booster clinics for staff across the country.

Bank of America is not the only large bank to have asked employees to return to office - in January, rival lender Citigroup also asked employees in the New York City region to return to office in early February.

(Reporting by Mehnaz Yasmin in Bengaluru; Editing by Devika Syamnath)