DB - Deutsche Bank leans toward two-day-per-week WFH policy - Bloomberg

Deutsche Bank ([[DB]] +2.4%) is considering a policy that would allow most employees to work from home two days a week on a permanent basis as Germany's largest bank as it incorporates lessons learned during the COVID-19 pandemic, Bloomberg reports, citing people familiar with the matter.The two-day-a-week plan has become the preferred option, they said, though some regulatory questions need to be resolved and any policy won't apply uniformly to all staff.The bank is still waiting for lawmakers in several countries to finalize new remote-work legislation, one person said.The new model is expected to help the bank achieve the cost savings target that CEO Christian Sewing unveiled last year as it should reduce real estate costs.Sewing said in September that the bank was coming up with a new hybrid model for how employees split their working hours between home and offices.Last year, DB spend EUR 1.7B ($2B) on rent and

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Deutsche Bank leans toward two-day-per-week WFH policy - Bloomberg