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UBS rolls out hybrid working for up to two thirds of employees

The approach contrasts with many of its Wall Street rivals

The Swiss bank is formalising an approach flagged by senior executives over the past year by allowing the majority of their employees to split their time between the office and home
The Swiss bank is formalising an approach flagged by senior executives over the past year by allowing the majority of their employees to split their time between the office and home Photo: Getty Images

UBS will let two thirds of its employees embrace hybrid working, joining the ranks of European banks taking a softer approach on staff returning to the office after a prolonged period of working from home during the Covid-19 pandemic.

The Swiss bank is formalising an approach flagged by senior executives over the past year by allowing the majority of their employees to split their time between the office and home, according to a memo seen by Financial News.

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