Jamie Dimon sees a need to begin returning to what work looked like at the start of 2020, but he concedes the path to normal is still a long one.

JPMorgan Chase & Co.’s chief executive officer said his firm, which has been among the boldest on Wall Street in bringing employees back to the office, is still aiming for just 15% to 25% of capacity. Local regulations, a lack of a vaccine and workers’ personal circumstances will likely make fully staffing the bank’s offices impossible until the middle of next year at the earliest, he said.

“I don’t expect normality until summer 2021,” Dimon said Friday at a conference hosted by asset-management industry group Nicsa. “We’re going to have to live with this.”