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City firms say home workers are in it for the long haul

Top banks and fund managers are planning for a slow and gradual return to work over the coming months, not weeks

Pedestrians crossing a bridge in a near-deserted Canary Wharf, one of the two principal financial-services business districts in London
Pedestrians crossing a bridge in a near-deserted Canary Wharf, one of the two principal financial-services business districts in London Photo: Getty Images

JPMorgan just told its summer-2020 crop of interns they will not be coming into the office at all — and it is not the only City firm bracing for many more months of home working.

The government last week warned the lockdown could last until at least June, but financial services executives are working to a different timetable.

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Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a BillionaireExternal link

Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a Billionaire