JPMorgan could join the ranks of big investment banks shrinking their office space as its investment banking boss predicts a portion of its staff may continue to work from home after the coronavirus crisis.

Daniel Pinto, who runs JPMorgan's corporate and investment bank, told Citigroup analysts that he could "envision a scenario" where employees continue to work from home on a rotational basis, according to a note seen by Financial News, as the coronavirus looks set to permanently impact how large financial services organisations work.