The UK government’s plans to ease lockdown restrictions may have caused confusion and criticism, but some of the world’s largest investment banks have a clear message to their London employees — stay at home. 

According to internal memos seen by Financial News and people familiar with the matter, banks including Citigroup, Goldman Sachs, HSBC, JPMorgan and Morgan Stanley have told employees that their current remote working arrangements, which have forced them to radically overhaul their staff base, will remain in place for the foreseeable future.