Wall Street Reassures Employees, Without Wholly Rejecting Travel BanBy
CreditBenjamin Norman for The New York Times
Wall Street is an industry built on courting clients around the globe and hiring some of the best and brightest, wherever they may be.
But the finance world delivered a largely muted response to President Trump’s temporary ban on immigration from seven predominantly Muslim countries, even as other industries took far stronger stances on the action, casting it in moral terms.
Goldman Sachs issued the boldest condemnation of Mr. Trump’s order. In a voice mail message sent to employees on Sunday — a time-honored Wall Street way of delivering firmwide messages — the bank’s chief executive, Lloyd C. Blankfein, said the travel ban was “not a policy we support” and noted that parts of the executive order had been temporarily suspended…
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