Goldman Sachs to require all people entering its offices to be fully vaccinated against Covid-19

American flags in front of the headquarters of Goldman Sachs Group Inc. in New York on Friday, March 5, 2021.

Michael Nagel | Bloomberg | Getty Images

Goldman Sachs said Tuesday that from next month only vaccinated people will be allowed to enter its buildings.

The leading global investment bank said the new policy begins Sept. 7 and will apply to everyone, including employees and customers, according to a memo to U.S. workers. Those who are not fully vaccinated by then will have to work from home, according to someone who knows the memo directly.

Goldman Sachs is the latest bank to require employees to be vaccinated to return to their offices due to similar edicts from Morgan Stanley and Citigroup. The move comes one day after the US Food and Drug Administration fully approves the Pfizer BioNTech vaccine, paving the way for more companies to order their employees to be vaccinated.

The bank is also rolling out a mandatory weekly test program for vaccinated workers on September 7, according to the person who refused to be identified on personnel matters. The memo was previously reported by the New York Times.

Goldman will also require the wearing of masks in all public areas including lobbies, hallways, gyms, and cafeterias, except when sitting and eating or drinking. In cities like San Francisco and Washington, local health guidelines require masks at all times except when eating or drinking.

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