UBS is divvying up teams in Switzerland and having them switch off who comes into the office as part of its coronavirus response (UBS)
- UBS, the Swiss bank headquarterd in Zurich, has begun implementing a split-operations policy in Switzerland this week as part of its coronavirus response.
- The firm has already implemented a similar policy for its employees across the Asia Pacific region.
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UBS has started implementing a split-operations policy in Switzerland this week as financial services firms around the world race to deal with the global spread of coronavirus.
The bank, headquartered in Zurich, Switzerland, has already implemented a split-operations approach in its Asia Pacific region, a spokesperson said on Friday.
“Agile and remote working is already part of UBS’s working approach — thus, we have the possibility to work from home for our employees,” the spokesperson said.
Part of a Switzerland-based team may divvy up time in the office, with one half working Monday and Tuesday and the other going in the rest of the week, for instance.
UBS, among the world’s largest wealth managers with some $2.6 trillion in assets under management, had some 700 financial advisers in Switzerland through Dec. 31. The majority of its force of around 10,000 advisers are located in the Americas.
The bank has communicated other COVID-19 preparation-related policies to its employees. …continued .
[Source: Business Insider]