A Bank of America recording from last month reveals a Wall Street torn between precaution and performance amid the coronavirus pandemic.
"So, people have to understand that too," he said. "You cannot on one hand say you cannot trust the firm and on the other hand get the money from the firm, for a long period of time if you are in a critical function. Now if people decide they don't want to be in a critical function we can have that conversation too. Every single person in this office right now has a family. Every single person in this office right now has children.
Though Gallo told those on the call there would be "special circumstances" for those with underlying illnesses – singling out one staffer with a compromised immune system from a battle with cancer – he made it clear that everyone wouldn't get the same treatment. "Of course, we are going to entertain special cases but not the 'I don't feel comfortable, sorry.' It doesn't work that way over the long term.
"To employees, our principle is to keep you safe," said the letter. "We will continue to do everything we can to protect your workplace, and to help you to adapt to the new working conditions." , Mr. Moynihan said only 5% of the trading workforce were in the office with more than 150,000 people now working from home.
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