GLOBAL - Following terrorist attacks on the World Trade Center (WTC) in New York the world's financial community has expressed shock and condolence for the victims of the tragedy.
Morgan Stanley was the largest tenant of the WTC. Its chairman, Philip Purcell, said: “We are all saddened and outraged by the attack on America today, and extend our deepest sympathies and prayers to all the people affected ... Our key focus and concern are for the well-being and safety of Morgan Stanley employees. Some 3,500 people working for Morgan Stanley's individual investor businesses were based in the WTC complex.”
A call center has been established for employee-related safety concerns at 888-883-4391.
He added: “We want our clients to know today that in spite of this tragedy, all of our businesses are functioning and will continue to function. We are committed to resume full operations as exchanges and markets reopen ... Institutional clients concerned about specific positions or operations should call their established contacts.”
Barclays Global Investors issued a statement expressing its “deepest concerns and sympathies to all of our business partners touched by this tragedy. At BGI, we are able to report that all our people are safe and accounted for.”
Julius Baer said it was “profoundly shocked and wishes to express its deepest sympathy to all the people affected and to the families of the victims. The Julius Baer New York office has not been harmed. Nobody has been injured and the building has not been damaged. We would like our clients to know that in spite of this tragedy, all our offices are functioning.”
Credit Suisse First Boston (CSFB) has some operations at 5 World Trade Center, adjacent to the collapsed towers. The offices were evacuated and CSFB is in the process of locating all staff who were in the proximity of the World Trade Center at the time of the attack. CSFB’s main offices in New York are located at 11 Madison Avenue and were not affected by the incident.
Credit Suisse First Boston has set up the following crisis hotlines for staff and concerned family and friends:
U.S. (toll free) 1-877-335-CSFBU.K. (worldwide) +44-207-883-5555
John Mack, CEO of CSFB, said: “I would like to express my deepest sorrow and offer concern to anyone who has been touched by today’s terrible events. We know that colleagues and clients and their families and friends have been deeply affected by today’s attack on the WTC.
“Clients of CSFB should know that despite today’s tragic events, all of our global businesses are fully operational. Earlier today, we invoked our contingency planning procedures that included precautionary measures in all of our regions.”
Martin McGuinn, chairman and CEO, Mellon Financial Corporation said: ”We at Mellon Financial Corporation are all shocked by the tragic events that occurred today and will no doubt have an enormous impact on our country, the world and our lives. Our thoughts and prayers are especially with all of our colleagues and customers whose lives will be altered because of today's horrific events.
“We plan to support our customers to the fullest extent possible. We are working diligently with all appropriate authorities to resume full operations as exchanges and markets reopen. Our clients should rest assured that their assets are secure. Please contact your Mellon or Dreyfus relationship manager with any questions.”
Mellon employees should call the Mellon Information Hotline at 1-888-234-8040 to hear the latest information on the hours of operation for its regional facilities on September 12. Brown Brothers Harriman expressed its “heartfelt condolences to the families of the victims of the tragic event
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