A man crosses a nearly deserted Fulton Street in the financial district in lower Manhattan during the outbreak of the coronavirus disease in New York April 3, 2020. — Reuters pic
“‘When will we return to work?’ is a question on many people’s minds these days,” said Jane Fraser, the number two official at Citigroup. She has assembled a committee of veteran bankers to come up with conservative scenarios for a return to something resembling normalcy.Like its rivals, Citi has set up market-watching computer terminals for traders at home, although some traders have been sent to especially disinfected facilities to do their jobs.
“Employees will return to work on-site in a phased approach over a period of time,” read an internal memo seen by AFP. New York Governor Andrew Cuomo has said the city will gradually return to business, area by area, but gave no date or conditions.