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There is a growing divide on Wall Street: firms calling employees back and firms telling people they can work from home.
Titans like Goldman Sachs Group Inc.
GS,
and JPMorgan Chase & Co.
JPM,
are taking a hard-line approach, beefing up in-person staff five days a week in New York even though it might mean losing talent. Rivals including Citigroup Inc.
C,
are touting flexibility, betting that a softer approach will help them poach top traders and deal makers.