NVDA gained a massive 197% since our AI first added it in November - is it time to sell? 🤔Read more

Goldman Sachs employees in New York have contracted the new coronavirus: sources

Published 2020-03-19, 11:23 a/m
© Reuters.
GS
-
JPM
-
BARC
-
WFC
-
MS
-
BLK
-

By Elizabeth Dilts Marshall

(Reuters) - Several employees at Goldman Sachs Group Inc's (N:GS) New York headquarters are believed to have contracted the novel coronavirus, according to two sources, making it the latest Wall Street bank whose staff have been affected by the pandemic.

Over the past two weeks, employees at JPMorgan Chase & Co (N:JPM), Morgan Stanley (N:MS), Barclays (L:BARC) and BlackRock (N:BLK) have all reported confirmed cases among their New York-area staff. Wells Fargo (N:WFC) and Goldman Sachs have reported that some employees were confirmed to have the virus at offices in San Francisco and Salt Lake City, Utah, in the United States.

In a statement on its website earlier on Thursday, Goldman Sachs said that an employee in its investment banking division in Hong Kong was suspected to have the virus and has been in self-isolation since Tuesday.

The sources spoke on condition of anonymity because Goldman Sachs has not yet confirmed the cases publicly.Banks, including Goldman Sachs, have taken measures in recent weeks to try to protect employees from contracting the flu-like virus, including by restricting travel for work, having web conferences instead of in-person meetings, and asking most employees to work from home.

© Reuters. FILE PHOTO: The Goldman Sachs company logo is seen in the company's space on the floor of the NYSE in New York

There are now more than 219,000 confirmed cases of the coronavirus and at least 8,900 deaths. The epidemic has touched nearly every country in the world, and is now being compared with other traumatic periods such as World War Two, the 2008 financial crisis and the 1918 Spanish flu.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.