BlackRock is examining the direct impact on its employees, as well as the broader implications of the order, they said. "We, of course, all want to promote security and combat terrorism, but we believe it needs to be done with respect for due process, individual rights and the principle of inclusion," they wrote. 'Citigroup CEO Mike Corbat said in a memo to employees on Monday the bank is concerned about "the message the executive order sends" as well as the impact immigration policies might have "on our ability to serve our clients and contribute to growth. "JPMorgan Chase & Co's operating committee, which includes CEO Jamie Dimon, avoided directly criticizing the policy. Blankfein has promoted its focus on philanthropy and diversity initiatives, as well as Goldman's role in job creation.

Source: The Star January 30, 2017 22:30 UTC