Goldman Sachs, JPM weigh abortion travel expense coverage for staff – Bloomberg News

May 5 (Reuters)Major U.S. banking companies Goldman Sachs Group Inc GS.N and JPMorgan Chase & Co JPM.N are talking about extending abortion gains for workforce to go over vacation, Bloomberg News noted on Thursday, citing people with expertise of the make any difference.

The Wall Street giants could pay back journey fees for staffers looking for to abort pregnancies away from states with demanding legal guidelines, the report added.

The U.S. Supreme Court docket seems established to vote to overturn the Roe v. Wade final decision that legalized abortion nationwide, according to a leaked first draft greater part impression published by Politico on Monday.

A JPMorgan spokesperson declined to remark on the report. Spokespeople from Goldman Sachs did not promptly respond to Reuters requests for comment.

Other organizations like Levi Strauss & Co LEVI.N and Inc AMZN.O have pledged to supply equivalent help to their U.S. workers who need to travel out of states like Texas and Oklahoma that have limited obtain to abortion products and services.

In March, Citigroup C.N commenced masking vacation bills for staff who go out of point out for abortions because of recently enacted restrictions in Texas and other places, turning out to be the first important U.S. bank to make that determination.

(Reporting by Manya Saini in Bengaluru Enhancing by Shailesh Kuber)


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