Jamie Dimon Doesn’t See a Return to Normal Until Middle of Next Year

  • JPMorgan CEO doesn’t see return to normal until mid-2021
  • Bank is aiming to bring back just 15% to 25% of workers now
Jamie DimonPhotographer: Mark Kauzlarich/Bloomberg
Lock
This article is for subscribers only.

Jamie Dimon sees a need to begin returning to what work looked like before the pandemic struck, but he concedes the path to normal is still a long one.

JPMorgan Chase & Co.’s chief executive officer said his firm, which has been among the boldest on Wall Street in bringing employees back to the office, is still aiming for just 15% to 25% of capacity. Local regulations, a lack of a vaccine and workers’ personal circumstances will likely make fully staffing the bank’s offices impossible until the middle of next year at the earliest, he said.