HSBC requires all managing directors to work in the office for four days a week.

HSBC requires all directors and general managers to work in the office for at least four days a week starting in October; this British bank has joined the ranks of other financial industry players in requiring more employees to return to the office. According to a memo, this London-based bank informed senior management that top-down direction and face-to-face interactions are crucial in guiding customers and providing services. A spokesperson for the bank confirmed the contents of the memo.