- JPMorgan sent an unknown number of employees home Tuesday after discovering a positive Covid-19 case among its ranks, according to a recent report from Bloomberg News.
- A spokesman told the publication that the bank "has been managing individual cases across the company in recent months and following appropriate protocols when they occur."
- CEO Jamie Dimon has repeatedly expressed the need for personal collaboration over the past few weeks.
- You can find more stories on the Business Insider homepage.
Less than a week before many senior sales and commercial employees return to their Manhattan headquarters, JPMorgan sent several employees home Tuesday after one tested positive for COVID-19.
According to Bloomberg newsThe case in question concerned the bank's stock trading division. The infection was reported to employees on Sunday, according to an unnamed source speaking to Bloomberg.
A bank spokesman declined to comment on the specific case, telling Bloomberg that it was "managing individual cases across the company over the past few months and following appropriate protocols as they arise".
Continue reading: Wall Street is back to work. Here are the latest return-to-office plans for 5 companies including Goldman Sachs and Bank of America.
When JPMorgan, the United States’s largest bank by assets, originally announced plans to bring back many employees this month, President Donald Trump praised the move.
"Congratulations to JPMorgan Chase for calling everyone back to the office on September 21," he tweeted on September 11. "Will always be better than working from home!"
– Donald J. Trump (@realDonaldTrump) September 11, 2020
CEO Jamie Dimon repeated that sentiment in public and private discussions this week, even though many of the bank's Wall Street competitors have long-termed remote working.
"Going back to work is a good thing" He told a virtual panel at the Singapore Summit on Tuesdayand added that governments "should carefully open up and see if we can grow the economy for the good of all".
Dimon told an analyst last week that productivity fell on Mondays and Fridays as employees worked from home.