As the coronavirus spreads in the financial hub of New York, financial firms – l...
- As the coronavirus spreads in the financial hub of New York, financial firms – led by the Securities Industry and Financial Markets Association – have triggered their contingency plans and are taking other precautions. As of Sunday, here is the state of play:
Last week, JPMorgan Chase & Co was the first bank to activate contingency plans and split its U.S. sales and trading staff between New York and secondary sites in New Jersey. Morgan Stanley is also shifting part of its New York-based sales and trading staff to its sites near Westchester County, New York, as well as having some teams work from home starting on Monday, Reuters reported last week.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Coronavirus concerns drag down Wall Street, but indexes eke out weekly gainsU.S. stocks toppled once again on Friday as the number of coronavirus infections topped 100,000 worldwide, adding to fears any economic fallout will get worse. Despite some staggering falls this week, stocks actually had an up week
Read more »
So You Think You Can Dance Star Danny Tidwell Dies at 35, Travis Wall and Debbie Allen Pay Tribute'Yesterday I lost a brother. And we all lost a gift,' Travis Wall wrote as Debbie Allen also mourned Danny Tidwell
Read more »
NBA advises teams to prep contingency plans for games without fans due to coronavirusThe NBA said teams should identify 'actions required if it were to become necessary to play a game with only essential staff present' without fans or media.
Read more »
Uber Says It Will Compensate Drivers Affected by Coronavirus - WSJ.comAs the coronavirus epidemic roils markets and upends business, The Wall Street Journal is gathering in one place all the latest news and insights on the impact on investors, companies and economies.
Read more »