Goldman Sachs, Citigroup Inc, Credit Suisse and other investment banks have curbed trips to Italy amid fears that the coronavirus outbreak across the north of the country could quickly spread across Europe, sources said.
Goldman said its travel restrictions applied to Italy's Lombardy and Veneto regions, and South Korea. It also advised staff against travel to, from and within the rest of Italy. Those who recently visited affected areas were told to isolate themselves and stay away from the office for at least 14 days.
Coronavirus infections have soared across northern Italy in the past few days, causing almost 300 cases and seven deaths. Morgan Stanley, Lazard and Barclays have empty offices in Milan as most staff are working remotely, three other sources said.
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