Why Wall Street is in such a rush to get workers back to the office

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Banking firms like Morgan Stanley and Goldman Sachs announced they want their employees to return to the office as more people are getting vaccinated. CNN's ChristineRomans reports.

Morgan Stanley CEO James Gorman warned this week he'll be"very disappointed" if workers aren't back by Labor Day. And if they're not?"Then we'll have a different kind of conversation," he said. Goldman Sachs asked its employees to be back at the office by this week. And the Wall Street bank even ordered staffers to divulge whether they've been vaccinated.

"Employers are concerned about confidentiality of client information, especially in light of the dollars that can be involved," Sholinksy said in an email. And then there's the cyber factor. The high-profile ransomware attacks in recent months on the Colonial Pipeline and meat producer JBS show how critical infrastructure companies are under siege.

 

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