days

Citi is bucking the RTO trend and sticking to 3 days a week in the office, even as it spends .2 billion on a new London office

Citigroup’s CEO, Jane Fraser, has emphasized hybrid work, saying she views it as a recruitment tool.Employees can keep working two days a week remotely, she told executives.Other Wall Street titans, like JPMorgan and Goldman Sachs, have enforced strict RTO mandates.Since pandemic restrictions lifted, Wall Street’s biggest names have been leading…

261,000 more student-loan borrowers get .5 billion in debt cancellation in Biden’s final days in office

Biden announced an additional $4.5 billion in student-debt cancellation for 261,000 borrowers.The relief impacts borrowers who attended Ashford University, which a court found engaged in fraudulent behavior.This is among Biden’s last debt relief efforts before he leaves the White House.More student-loan borrowers are getting debt relief during President Joe Biden’s…

WFH days at JPMorgan are officially over. Read the memo.

JPMorgan told employees on Friday that their days of hybrid work were numbered.It said the five-day mandate would start in March and affect roughly 30% of the bank’s workforce.See the memo explaining the new policy and rationale.JPMorgan on Friday told employees that hybrid work was largely over. In a memo…

Zelenskyy said Belarus’ dictator apologized on the phone during the war’s early days for helping Russia attack Ukraine

Zelenskyy says that Alexander Lukashenko apologized in a call for helping Russia invade Ukraine.”I am not in charge,” Zelenskyy cited the Belarusian leader as saying in early 2022.Lukashenko’s spokesperson denied that an apology took place but confirmed that a call happened.Ukrainian President Volodymyr Zelenskyy said that Belarus’ leader, Alexander Lukashenko,…