Finance

Goldman steps up staff travel restrictions as coronavirus spreads

Key Points
  • Goldman Sachs has restricted all business travel to, from and within South Korea and the Northern Italy regions.
  • The company has advised staff against all non-essential travel to, from and within Italy as well as other parts of Asia. 
  • Staff who have recently visited impacted regions have been asked to 'self isolate.'

Goldman Sachs has restricted all business travel to, from and within South Korea and the Northern Italian regions of Lombardy and Veneto in the wake of the coronavirus spread, a staff memo seen by Reuters on Tuesday shows.

The Wall Street lender has also advised staff to postpone all non-essential travel to, from and within the rest of Italy, as well as other parts of Asia, excluding Australia, New Zealand and India, the memo said.

Staff who have visited South Korea or the impacted regions of Italy have been asked to 'self-isolate' and stay away from the office for a minimum of 14 days.