Morgan Stanley to Restrict Access for Unvaccinated Employees

"Full Vaccination Required for Return to New York Office"

[Image source=Reuters Yonhap News]

[Asia Economy Reporter Cho Hyun-ui] The American investment bank Morgan Stanley has decided not to allow employees who have not been vaccinated against COVID-19 to enter its New York offices.

CNBC and Bloomberg News reported on the 22nd (local time) that "Morgan Stanley announced that from July 12, employees and clients who have not been vaccinated will not be allowed to return to the New York and Westchester County offices."

All employees at the New York headquarters must report their vaccination status to the company by the 1st of next month. Those unvaccinated or only partially vaccinated must work from home until they complete their vaccination.

Morgan Stanley explained that this decision was made to establish a normal working environment without mask-wearing or social distancing. Bloomberg News evaluated this as "the most binding measure among major U.S. banks so far."

Most U.S. companies do not mandate vaccination as they prepare for office returns. However, large financial firms such as major investment banks are setting high standards for returning to work.

Asset management firm BlackRock has notified that only fully vaccinated employees can come to the office starting next month. Bank of America has decided to prioritize the return of vaccinated employees first.

Goldman Sachs does not mandate vaccination itself but allows only vaccinated employees to work without masks in the office and has prepared workspaces exclusively for them.

This content was produced with the assistance of AI translation services.