Capital markets firms activate disaster plans
As the coronavirus pandemic threatens every facet of capital markets activity, trading floors and back offices have emptied in recent days, leading to questions about how efficiently business can be done from home and alternative sites, write Paola Aurisicchio, Jasper Cox, Jennifer Kang and Ross Lancaster.
Goldman Sachs on Thursday afternoon UK time became the latest bank to ramp up operations to deal with Covid-19, by activating its business continuity plan.From Monday, the company will aim to reduce the density of people in its offices at any one time in the Americas, Europe, ...
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