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

May 5 (Reuters)Significant U.S. banking institutions Goldman Sachs Team Inc GS.N and JPMorgan Chase & Co JPM.N are speaking about extending abortion benefits for staff to protect vacation, Bloomberg News claimed on Thursday, citing people today with information of the issue.

The Wall Street giants could pay back journey expenditures for staffers trying to find to abort pregnancies absent from states with stringent legal guidelines, the report added.

The U.S. Supreme Court appears to be set to vote to overturn the Roe v. Wade selection that legalized abortion nationwide, according to a leaked first draft the greater part opinion printed by Politico on Monday.

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

Other corporations like Levi Strauss & Co LEVI.N and Amazon.com Inc AMZN.O have pledged to provide equivalent guidance to their U.S. personnel who will need to travel out of states like Texas and Oklahoma that have limited obtain to abortion products and services.

In March, Citigroup C.N started masking journey expenditures for workers who go out of condition for abortions because of freshly enacted limitations in Texas and other destinations, turning out to be the first main U.S. bank to make that dedication.

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

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The views and thoughts expressed herein are the sights and viewpoints of the author and do not automatically reflect people of Nasdaq, Inc.

Linda W. Davis

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