Morgan Stanley will bar employees and clients who have not been fully vaccinated against COVID-19 from entering the bank’s offices, according to an internal memo.
“Starting July 12 all employees, contingent workforce, clients and visitors will be required to attest to being fully vaccinated to access Morgan Stanley buildings.” Chief human resources officer Mandell Crawley said in the memo, which was obtained by the Financial Times.
The FT said Morgan Stanley had already rolled out “vaccine-only” spaces across some divisions.
The bank’s hardline vaccine requirement comes as its executives push for a swift and full return to the office. Chief Executive James Gorman issued a stern warning to his staff last week, telling them to come back to the office by Labor Day, or face a pay cut.