Wall Street ready to toast a New York revival but trade business suits for leisure wear

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Wall Street financiers let out a cautious cheer on Thursday after hearing New York City aims to fully reopen on July 1, craving the meetings and meals of work life before the pandemic, but also loathing the grind of mass transit, packed office elevators and conventional business attire.

his intention to get things back to normal. New York Governor Andrew Cuomo, who controls reopening decisions, voiced optimism it might happen even before July 1.

"After more than a year in isolation, I am prepared to have drinks with just about anyone who breathes," said Kai Liekefett, who defends corporations against hedge fund managers pushing for changes as co-chair of law firm Sidley Austin's Shareholder Activism Practice.Rob Dicks, head of Accenture’s capital markets talent and organization practice, said: "Video is an evolution ... and is effective, but there are some topics that just need to be covered face-to-face.

 

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