Wells Fargo has instructed its employees to continue working from home until at least 30 June due to the Covid-19 pandemic, Reuters reported citing a memo sent out by the bank.
Currently, close to 200,000 out of 265,000 employees of the San Francisco-based bank are working from home.
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The remaining employees working from bank branches or operations centres are still reporting to the offices regularly, the report added.
In the memo sent to employees, Wells Fargo COO Scott Powell said: “It is too early to say exactly when our operations will return to a more normal model.
“The bank’s operating committee decided this week on the tentative date.”
The bank already alerted its staff stating that its coronavirus-related policies might remain in place even after the government relaxes lockdown.
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By GlobalDataHowever, it may make minor changes like allowing customers to use teller windows at branches that have been converted to drive-throughs, or resuming operations in other countries where conditions have eased.
Wells Fargo said that it is not possible to return to offices as usual for now, however it is planning a phased return to reduce density with heightened cleaning and safety policies.
Last month, the bank introduced a nursing service to screen people for Covid-19 symptoms at 56 US branches.
