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Wells Fargo plans for return to office soon

Bloomberg Wells Fargo & Co., the US bank with the largest workforce, is making plans to bring its employees back into offices in September. The company, which has about 200,000 employees working from home, is extending that arrangement through September 6, and aims to return to a “more normal operating model” that month, according to a memo from Chief Executive ...

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Biggest rupee bear sees Asia’s top FX hitting one-year low

Bloomberg The Indian rupee, Asia’s best-performing currency in March, is going to slide right back to levels last seen in the depths of the pandemic meltdown, according to Parul Mittal Sinha at Standard Chartered Plc. The currency will drop towards 76.5 to a dollar — about 4% weaker than current levels — by the end of the year, said the ...

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BofA to train 1,800 campus hires online

Bloomberg Bank of America Corp. (BofA) said the 1,800 new graduates it’s hiring will be trained online, but are likely to work in offices. Virtual training and orientation, including any licensing needed, will begin in July for the bank’s campus hires, with the aim of having new employees at offices in October, Bank of America said. In-office assignments will depend ...

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