A street sign for Wall Street is seen outside the New York Stock Exchange in Manhattan, New York CityReuters
Happy hump day.
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It's been the underlying question for the past few months: Will people ever fully return to the office?
On Tuesday, one of the biggest players on Wall Street showed its hand. JPMorgan announced employees in its corporate and investment bank will have the ability to work remotely on a part-time basis in a move that is believed to be "more or less permanent," as first reported by CNBC.
It's a big win for anyone hoping to maintain a flexible commuting schedule going forward, as other financial firms might look to JPM as a model to follow. And while there will certainly be those who push for a complete return to the office, it's seeming more likely those companies will be the exception, not the rule.
We've talked at length about how the real-estate market is in a state of flux right now. And with big firms like JPMorgan announcing plans for flexible work schedules for the foreseeable future, it doesn't seem like things will stabilize anytime soon.
As a result, it's worth keeping tabs on the key people to know in the space. Alex Nicoll did just that, profiling seven of the top real-estate bankers at Goldman Sachs who are advising clients on monster deals.
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