Trading Floor Jpmorgan

Jpmorgan s plan delay led to virus outbreak on trading floor wsj april 3 when wall street banks sent their employees to work from home during the pandemic many worried that home.

Trading floor jpmorgan. Jpmorgan chase admitted tuesday. By fully reopening its trading floor the bank is sending a message to its employees and its competitors that it is now safe to return. 09 10 2020 02 47pm edt. Jpmorgan learned the hard way that it needed to get its traders away from the floor.

Jpmorgan chase co executives told managing directors and some executive directors within the bank s sales and trading. As detailed by the wall street journal a managing director on the bank s new york trading floor contracted the virus in early march and came into work. Appears above a trading post on the floor of the new york stock exchange in new york. Ultimately jpmorgan issued its edict that everyone should work from home if possible on march 13th putting it ahead of some other banks that dragged their feet.

An unanticipated problem was encountered check back soon and try again. Morgan s global head of e sales and co head of global macro sales marketing warren rabin and global head of digital markets eddie wen. Going remote was hard for wall street. Jpmorgan executives tell trading floor staff to come back to office wsj jpmorgan chase co executives told senior employees of the bank 39 s sales and trading operation that they and their.

18 16 step onto the trading floor of tomorrow in the latest episode of our market matters podcast series featuring j p. Jpmorgan pressured its traders to come into work despite a coronavirus outbreak on its midtown trading floor a new report alleges and now nearly two dozen traders are sick and another 65 are. Before jpmorgan sent employees home in mid march a coronavirus outbreak sickened more than a dozen people on the fifth floor of its madison avenue office. However it still has trading floor staff working on back up sites like basingstokein the uk some of whom are now being housed locally and who want to work from home in london.

Jpmorgan chase co jpm n executives told managing directors and some executive directors within the bank s sales and trading operation that they must return to the office by sept.