Get 40% Off
🚀 AI-picked stocks soar in May. PRFT is +55%—in just 16 days! Don’t miss June’s top picks.Unlock full list

Citigroup, JPMorgan report New York cases of coronavirus

Published 03/13/2020, 06:09 PM
© Reuters. The Citigroup Inc logo is seen at the SIBOS banking and financial conference in Toronto
C
-

By Imani Moise

(Reuters) - New York-based banks Citigroup Inc (N:C) and JPMorgan Chase & Co (N:JPM) both reported on Friday that they have employees who have tested positive for the coronavirus.

Citi said that one employee was confirmed to have the virus, and JPMorgan confirmed that two of its employees do.

The announcements followed similar news from banks such as Wells Fargo & Co (N:WFC), Morgan Stanley (N:MS) and others, as the flu-like virus continues to spread in the United States and worldwide.

JPMorgan spokesman Brian Marchiony said two employees at the bank's midtown Manhattan headquarters have the virus and have been at home receiving treatment since earlier this week.

"They are both doing well at this time," Marchiony said by email. The bank has asked employees who came into close contact with the individuals to work from home for two weeks.

Citi said its employee who has tested positive for the virus was last in the office on March 6 and was diagnosed Friday while on personal travel to Singapore. The Citi employee did not exhibit any symptoms while he was in the office and did not visit any Citi facilities while traveling, the bank said.

Citi has given employees who worked on the same floor as that colleague the option to work from home.

Both banks have already taken measures to limit the spread of the virus, including splitting its North American workforce, imposing business travel restrictions, limiting large meetings and, at Citi, putting up reminders to practice social distancing.

© Reuters. The Citigroup Inc logo is seen at the SIBOS banking and financial conference in Toronto

Both banks said they are rigorously cleaning all office spaces regularly. JPMorgan Chase said it is deep cleaning both employees' work spaces in addition to the normal cleaning measures.

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.