I don’t see how remote work caused a bank failure, in any form, here.
I go in to work only occasionally, now, and it’s team-building exercises and a lot of online meetings.
Staying home and working just makes sense.
I’ve been telecommuting for over a decade and wanted to do it for over the past 25 years. Overall I am far more productive. When I am productive i can binge, and when I am not I can get other things done. When I walk or shower I figure out many software problems. I live in a cheaper area than my workplace and only have to fly there at most twice per year.