Wall Street's new virtual workplace may outlast the virus
Thu, Mar 19, 2020 - 5:50 AM
Some of the emergency measures that Wall Street is rolling out to keep employees safe in a pandemic will become a lasting practice across the world. These include the use of video-conferencing programs and online roadshows.
IN Hong Kong, bankers have learned to win stock offerings by video chat, and Morgan Stanley is hosting a virtual meeting for a more than a thousand attendees. At Swiss giant UBS Group AG, wealth management executives have realised trips to see clients were not as crucial as...