More than half of traders working in large investment banks believe they will continue to work from home for at least four days for the rest of 2021, as the pandemic continues to reshape the way financial services firms do business.

In a sweeping survey of 260 traders working in fixed income, currencies and commodities by JPMorgan in December, 55% of respondents said they expected to continue to work from home for majority of time in 2021. With the UK in its third lockdown, banks have largely emptied their City offices for all but a handful of essential employees.