RIO DE JANEIRO, BRAZIL - Less than a month ago, Santander Brasil had about 65% of its administrative workers back in the offices, contrasting with its two biggest rivals, Bradesco and Itaú Unibanco, which continued to have almost all administrative staff working from home.
Now, under pressure from employees and health authorities trying to intervene in the out-of-control Covid pandemic, the Spanish bank's Brazilian unit is sending more employees to work at home.
"The great drama is that all the hospitals are full, the banks are sending employees home," says the president of the São Paulo bankers . . .