WELLS FARGO SEES RETURN `MOSTLY' LIKE PRE-COVID

Wells Fargo & Co., the U.S. bank with the most employees, is laying out a back-to-office plan set to begin in September, telling staff their schedules will look a lot like they did before the pandemic. The firm, which has almost 260,000 workers, will start calling those who have been working remotely back to the office on Sept. 7, and the process will continue through October, according to an internal memo Friday. It will also begin collecting employees' vaccination statuses next week. “When we return, our schedules will mostly resemble our pre-pandemic working approach, with additional flexibility,” chief operating officer Scott Powell wrote in the memo. “Choosing not to get vaccinated will not influence your ability to work remotely.” U.S. banks have been sketching out return approaches that vary in flexibility.