Morgan Stanley says an employee tested positive for coronavirus, adding to Wall Street firms breached by virus

Finance

The headquarters of Morgan Stanley in New York.

Shannon Stapleton | Reuters

Morgan Stanley said that an employee at its suburban New York office has tested positive for the coronavirus disease.

The bank conducted a “deep cleaning” of the Purchase office after making the discovery, the New York-based firm told employees Tuesday in an email. The building houses much of the firm’s wealth management operations and more recently was made a backup site for the bank’s traders amid contingency planning for the spread of coronavirus.

“We wanted to make you aware than an employee based in Purchase has tested positive for the coronavirus disease,” the bank said in the email obtained by CNBC. “Fortunately, the employee was already self-quarantined for some time and is doing well and  recovering at home.”

This story is developing. Please check back for updates.

Articles You May Like

Tokenization could unleash tens of billions of dollars in trapped capital, Nasdaq CEO says
Micron beats on earnings and issues strong guidance as data center revenue jumps 11-fold
Huawei doubles down on smartphones as EV sales slow
ICE came to town and left behind weakened economies
Why airfares could rise even more, but airline profits won’t

Leave a Reply

Your email address will not be published. Required fields are marked *