JP Morgan calls Coronavirus Contingency Plan "Project Kennedy"

America's largest bank is going on lockdown.

According to Bloomberg, JPMorgan is asking thousands of US-based employees to work from home in test of "virus contingency plan" for closing domestic offices should the coronavirus spread. As part of the test, managers have requested that about 10% of staff across its consumer bank work remotely as part of the plan’s resiliency testing, which has been code-named “Project Kennedy" (it wasn't clear why JPM picked that name for the project). And since JPMorgan’s consumer bank has 127,137 employees, the most of any of the firm’s divisions, that means that over 12,000 workers will be working from home for the foreseeable future.

https://www.zerohedge.com/markets/project-kennedy-jpmorgan-tells-thousands-workers-work-home