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Market Impact: 0.2

Goldman, Citi staff to work remotely after foiled bomb attack on another bank in Paris

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Goldman Sachs told Paris staff they could work remotely on Thursday after a foiled bomb attack on Bank of America’s Paris offices last Saturday; Citigroup also has staff working remotely in Paris and Frankfurt. Operational disruption appears limited to precautionary remote working but raises short-term security and staffing risk for major banks in key European offices; monitor for further closures or confirmed casualties that could widen impact.

Analysis

Goldman Sachs told Paris staff they could work remotely on Thursday after a foiled bomb attack on Bank of America’s Paris offices last Saturday; Citigroup also has staff working remotely in Paris and Frankfurt. Operational disruption appears limited to precautionary remote working but raises short-term security and staffing risk for major banks in key European offices; monitor for further closures or confirmed casualties that could widen impact.

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