AGL 38.26 Increased By ▲ 0.56 (1.49%)
AIRLINK 141.00 Increased By ▲ 6.43 (4.78%)
BOP 5.44 Decreased By ▼ -0.03 (-0.55%)
CNERGY 3.84 No Change ▼ 0.00 (0%)
DCL 7.60 Increased By ▲ 0.17 (2.29%)
DFML 46.19 Increased By ▲ 0.72 (1.58%)
DGKC 77.50 Decreased By ▼ -0.50 (-0.64%)
FCCL 29.28 Decreased By ▼ -0.01 (-0.03%)
FFBL 56.50 Increased By ▲ 0.50 (0.89%)
FFL 8.60 Increased By ▲ 0.05 (0.58%)
HUBC 98.69 Increased By ▲ 1.45 (1.49%)
HUMNL 14.10 Decreased By ▼ -0.09 (-0.63%)
KEL 3.83 Decreased By ▼ -0.07 (-1.79%)
KOSM 7.39 Increased By ▲ 0.60 (8.84%)
MLCF 36.70 Increased By ▲ 0.40 (1.1%)
NBP 68.90 Decreased By ▼ -0.80 (-1.15%)
OGDC 169.50 Increased By ▲ 2.50 (1.5%)
PAEL 25.40 Increased By ▲ 0.07 (0.28%)
PIBTL 6.56 Decreased By ▼ -0.18 (-2.67%)
PPL 131.00 Increased By ▲ 0.50 (0.38%)
PRL 25.11 Decreased By ▼ -0.28 (-1.1%)
PTC 15.64 Increased By ▲ 0.39 (2.56%)
SEARL 58.00 Increased By ▲ 0.30 (0.52%)
TELE 6.90 Increased By ▲ 0.11 (1.62%)
TOMCL 35.24 Increased By ▲ 0.45 (1.29%)
TPLP 7.73 Increased By ▲ 0.13 (1.71%)
TREET 14.10 Increased By ▲ 0.19 (1.37%)
TRG 44.69 Decreased By ▼ -0.31 (-0.69%)
UNITY 25.41 Increased By ▲ 0.33 (1.32%)
WTL 1.21 No Change ▼ 0.00 (0%)
BR100 9,133 Increased By 65.3 (0.72%)
BR30 27,264 Increased By 238.1 (0.88%)
KSE100 85,840 Increased By 579 (0.68%)
KSE30 27,234 Increased By 222.5 (0.82%)

Citigroup Inc said on Thursday it will require all US employees to be vaccinated against COVID-19 as a condition of their employment.

The bank will comply with the Biden administration policy requiring all workers supporting government contracts to be fully vaccinated, as the government remains a "large and important" client of Citi, said Sarah Wechter, head of human resources, in a LinkedIn post.

However, the bank said it will assess exemptions on religious or medical grounds or any other accommodation by state or local law, on a case-to-case basis.

Citigroup posts 48pc jump in profit on reserve release

Big Wall Street institutions have been grappling with questions around employee safety and how to bring back workers, as the highly infectious Delta variant of the coronavirus spread across the country. While some firms have pushed back their return-to-office plans, others have chosen to stay the course.

Earlier this month, Bank of America Corp said it will pay out $200 awards to its employees at Merrill Lynch Wealth Management who are fully vaccinated and going to office regularly.

Comments

Comments are closed.