Deutsche Bank is reportedly planning to increase flexibility in hybrid working models when offices reopen.

According to a Bloomberg report, the German lender may allow staff to work from home up to three days a week.

In an interview, Deutsche Bank chief financial officer James von Moltke told Bloomberg Television: “It’s a range of 40% to 60%, we think, of flexibility.

“And it will really be up to the employee, but in a structured way with the manager so we know when people are expected to come to the office.”

However, the bank did not specify a detailed schedule of return due to location-specific challenges.

Moltke further said in the interview: “We do see that opening coming. And we’d expect in some important locations like London and New York for that to start in the next several months.”

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The report comes after JPMorgan Chase said that it aims to bring back employees to offices on a rotational basis by July.

In an internal memo, JPMorgan said that all its US offices will open for all employees starting 17 May. The opening will help the employees reacquainted with office life, the Financial Times reported citing the memo.

However, all offices will comply with 50% occupancy limit as directed by the federal government.

The bank also advised all its employees to get inoculated, however, it will not be mandatory for returning to office.