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

Might 5 (Reuters)Key U.S. banking institutions Goldman Sachs Group Inc GS.N and JPMorgan Chase & Co JPM.N are discussing extending abortion advantages for staff to include vacation, Bloomberg News documented on Thursday, citing men and women with expertise of the matter.

The Wall Road giants could pay travel expenses for staffers trying to find to abort pregnancies absent from states with stringent guidelines, the report included.

The U.S. Supreme Court appears to be like established to vote to overturn the Roe v. Wade conclusion that legalized abortion nationwide, according to a leaked preliminary draft greater part belief posted by Politico on Monday.

A JPMorgan spokesperson declined to comment on the report. Spokespeople from Goldman Sachs did not instantly reply to Reuters requests for comment.

Other providers which include Levi Strauss & Co LEVI.N and Inc AMZN.O have pledged to give equivalent assistance to their U.S. staff members who need to have to vacation out of states like Texas and Oklahoma that have limited accessibility to abortion products and services.

In March, Citigroup C.N begun covering travel charges for staff members who go out of state for abortions simply because of freshly enacted limits in Texas and other locations, getting to be the very first main U.S. bank to make that commitment.

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

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