Goldman Sachs Group has reportedly informed its clients and employees coming to the US offices to be fully vaccinated against Covid-19, beginning this week.

The newly issued guidelines also makes its mandatory to wear in offices regardless of vaccination status, Reuters reported citing an internal memo sent by the bank.

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According to the memo, the fully vaccinated employees returning to the office will get weekly Covid-19 tests starting next month.

A spokesperson for Goldman Sachs confirmed Reuters about the contents of the memo.

Goldman was amongst one of the first banks in the US to mandate most of its employees to return to office.

The latest move is seen as part of Goldman’s effort to ensure safe return to office as new variants of Covid-19 emerge at some parts of the world.

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Meanwhile, Morgan Stanley and Citigroup also require vaccines for workforce at their US headquarters.

However, JPMorgan Chase, Bank of America and Wells Fargo doesn’t require vaccines for employees at offices.

Bank of America has instructed only vaccinated employees to work from its offices when it resumes office in September.

Other developments at Goldman Sachs

Recently , Goldman Sachs Group agreed to buy the money-management operation of Dutch insurer NN Group for about $1.9bn.

Last month, reports emerged that the asset management arm of Goldman is looking to offer an exchange-traded fund (ETF) focused on securities of cryptocurrency-related companies.

Few weeks back it was also reported that the bank is planning to hire 2,000 more employees in India by 2023 as it looks to bolster its operations globally.