HSBC Asks Managing Directors to Work in Office Four Days a Week

HSBC Holdings Plc is asking all managing directors to work in the office for at least four days a week starting in October, as the UK bank joins other financial firms pushing more staff back to the office.

The London-based bank told senior managers “to set the tone from the top” as “in-person interactions are essential to how we lead and deliver for our customers,” according to a memo seen by Bloomberg News. A spokesperson for the bank confirmed its contents.

In office work refers primarily to work in the bank’s offices or with customers and also includes visiting other ...