The Goldman Sachs headquarters is seen in the Manhattan borough of New York and Manhattan borough.
- The Goldman Sachs Group Inc, told employees that on Tuesday anyone entering its offices in the United States must be fully vaccinated against COVID - 19, according to an internal memo seen by Reuters.
The bank will also require that masks be worn in offices from Wednesday. Fully vaccinated employees will receive weekly COVID - 19 tests and no life insurance from then on, the memo said.
A Goldman Sachs spokesperson confirmed the contents of the memo.
The announcement comes a day after the U.S. Food and Drug AdministrationU.S. Food and Drug Administration granted full approval to the Pfizer Inc BioNTech SE COVID - 19 vaccine, certification that public health officials hope will convince unvaccinated Americans that the shot is safe and effective.
In June, Goldman was one of the first banks to require that most employees return to offices, and the vaccine mandate is part of the effort to keep working at offices safely amid a resurgence of COVID cases.
Goldman's new policy is in line with rival banks Morgan Stanley and Citigroup Inc. which also require vaccines at their U.S. headquarters.
Three of the four largest U.S. banks do not require vaccines for individuals at their offices.
Bank of America has asked that only vaccinated employees come into its offices when it begins welcoming people back in September.