Citi announced the company’s plan to require vaccinations for employees in a post on LinkedIn on Oct. 28.
"We have made the decision to require U.S.-based colleagues to be fully vaccinated as a condition of employment," Head of Human Resources Sara Wechter wrote. "We will assess all requests for religious, medical or any other accommodation required by state or local law on a case by case basis."
"Our people are our most important asset, and we will do all we can to help our colleagues comply with this new requirement," she added.
At the time, Citi announced no deadline, but some reports discussed a Jan. 14 deadline.
Bloomberg, then Reuters, reported the looming deadline on Friday, and a Citigroup spokesperson confirmed the date to FOX Business, noting that the company was clear on the fact that vaccination would serve as a condition for employment.
The bank took the decision in October to comply with the Biden administration policy requiring all workers supporting government contracts to be fully vaccinated.
But the policy will now apply to any Citigroup employee. The employees will work remotely for part of 2022, but should return to working in person in February.
Citigroup is the first major Wall Street bank to impose such a restriction on its employees, according to Bloomberg. More than 90% of the company’s staffers have complied with the rule, with that number expected to continue to rise over the next week leading up to the deadline.
Employees who leave under the current termination can return for future roles once they are vaccinated.