Financial firms around the world ramp up contingency plans as coronavirus hits [Reuters]
Barclays PLC (BCS)
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Source: Reuters
Financial firms around the world ramp up contingency plans as coronavirus hits FRANKFURT/NEW YORK (Reuters) - Banks and other large financial companies in major cities across the world ramped up their emergency measures to combat the spread of the coronavirus on Tuesday, with Barclays Plc ( BARC.L ) and BlackRock Inc ( BLK.N ) confirming one case in their New York offices. The steps including telling staff who had been exposed to someone with the virus to self-quarantine for 14 days, splitting operations so that some staff work from home or back-up locations and deep cleaning offices. Barclays told staff on Tuesday that a trading floor employee in its Midtown Manhattan office tested positive for the virus and told employees who worked near or met with the individual to self-quarantine, according to a memo seen by Reuters. Morgan Stanley ( MS.N ) also confirmed that an employee at its Purchase, New York, campus, roughly 45-minutes north of Manhattan, tested positive for the virus
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- BCS's page on the SEC website