Goldman Sachs announced it is committing a total of US$1 million to support China’s efforts to tackle the coronavirus outbreak. The firm has been working closely with nonprofit partners to determine where our assistance can be most effective. The donation will be used to support relief and recovery efforts in affected areas.

“This global health situation is affecting many of our employees and their local communities both personally and professionally，and we are committed to providing support during this difficult period，” said Chairman and Chief Executive Officer David Solomon.

Goldman Sachs is closely monitoring the situation and doing everything we can to support the wellbeing of our people and our clients. We have taken precautionary measures as developments about the outbreak continue to emerge.