(Bloomberg) -- Bank of Nova Scotia, the Canadian lender with operations in about 30 countries, has suspended all non-essential business travel as the coronavirus outbreak spreads worldwide.
Scotiabank told its nearly 100,000 employees of its decision, which applies to both domestic and international travel effective immediately, in a firm-wide email sent Thursday from the human resources department, according to people familiar with the memo. Any exceptions require approval from an executive vice president.
The Toronto-based lender joins other companies including JPMorgan Chase & Co. in restricting business trips as the spreading coronavirus risks becoming a pandemic.
To contact the reporters on this story: Esteban Duarte in Toronto at eduarterubia@bloomberg.net;Doug Alexander in Toronto at dalexander3@bloomberg.net
To contact the editors responsible for this story: Michael J. Moore at mmoore55@bloomberg.net, ;Derek Decloet at ddecloet@bloomberg.net, Steve Dickson, Steven Crabill
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