Morgan Stanley announced to its staff on Tuesday that workers and customers who are not vaccinated against Covid-19 will be banned from returning to the New York City and Westchester County offices with a large staff presence from July 12, CNBC has confirmed.
All Morgan Stanley employees in the New York area must now confirm their coronavirus vaccination status by July 1.
Employees who are not fully vaccinated will still have to work remotely, the company told workers on Tuesday.
The move that will allow Morgan Stanley to lift masking and physical distancing requirements in its offices follows similar moves by other financial giants.
Morgan Stanley had previously only requested that employees in certain areas of the company be fully vaccinated in order to return to their offices.
The Financial Times first reported Tuesday that Morgan Stanley, citing a company memo would require employees, customers, and visitors to the New York area to be fully vaccinated to enter corporate workplaces in New York City and Westchester County.