Why would you care? Most devs have no business with admin access to production servers.

Note: this is different than being able to deploy new code, I am talking about messing with a box in a data center

It's called "Most Big Financial Companies"

This was the result of a huge case of risk aversion and response to very loose but firm regulatory requirements.

I agree there's a middle-ground, but it's not "Employees can use their personal laptops".

Almost every bank. My country assign a category to every bank. One of the requirements to earn a better category is the AUDITED production environment and its processes. a better category enables the institution to access bigger, riskier and more profitable business. That is: production environment practices affects business directly.

My employer has an ITIL system on place, and that is the only way to touch prod. It is not for everyone, I admit!