LONDON/MILAN - 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.
Bankers working on sensitive deals were told to seek special permission from top management if they still wanted to fly into Milan, Bologna or other northern Italian towns, the sources said. 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. FILE PHOTO: A street vendor sells face masks outside the central railway station, after a coronavirus outbreak, in Milan, Italy February 24, 2020. REUTERS/Flavio Lo Scalzo/File Photo
Is it that countries waited until it was too late to cut all flights from China? It has to be, with this spreading all over
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