Citigroup is reevaluating its policy on testing job applicants for marijuana use as Wall Street banks weigh whether to work with the $75 billion cannabis industry

use as Wall Street banks weigh whether or not to work with the industry, a spokesperson confirmed.

Last week, New York City Council passed a bill that would bar employers in the city from forcing job applicants to take drug tests for marijuana use. The move would affect banks headquartered in New York City. A spokesperson for Goldman Sachs told Business Insider the bank tests job applicants for drug use, but not marijuana. Morgan Stanley doesn't test applicants for drug use.

In a sign of the changing times, Citigroup has held ongoing conversations around reevaluating its policy on screening job applicants for marijuana use as Wall Street banks weigh whether or not to work with the industry, a spokesperson confirmed to Business Insider.as the reason for reevaluating the policy.that would bar employers in the city from forcing job applicants — outside of 'safety-sensitive' industries like law enforcement and construction — to take drug tests for marijuana use.

The Citi spokesperson confirmed to Business Insider that while Citi still tests all job applicants for marijuana use, it had been holding conversations around changing the policy for months prior to the New York City Council bill's passing.The bill is currently awaiting New York City Mayor Bill de Blasio's signature — it will go into effect one year after it's signed into law.

GOOD Business move Citibank SHOW LOVE Where ever the $$$$$$$$$ IS to be made & we now know better than that 1930's REFFERMADNESS PROPAGANDA

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

These stocks may bounce when there's a trade deal, Wall Street analysts sayAnalysts say these stocks could benefit from a trade deal There is no trade deal No deal. China will not keep it anyway. Good time to move the supply chain. Tariffs are taxes by government on consumers !
Source: CNBC - 🏆 12. / 72 Read more »

Bank earnings; Tesla announcements; Uber IPOToday’s top business headlines with ChristineRomans before the opening bell on Wall Street: ChristineRomans I hope my blockbuster video stock is doing ok. ChristineRomans Opportunity Zones attracting private sector $$s revitalizing depressed areas. Prison Reform Act working; Right to Try giving patients hope; parents happy with tax credit doubling. unemployment lowest since 1969. ChristineRomans A deficit only means that the government got less money to fund the BS that doesn't affect anyone's life outside the beltway. For example, why are we spending millions of tax payer dollars on the Endowment of the Arts again?
Source: CNN - 🏆 4. / 95 Read more »

These stocks are 'undervalued,' Wall Street analysts sayCNBC combed through Wall Street research over the last week to see which stocks analysts say have the best risk-reward. May I use their money in case they are wrong?
Source: CNBC - 🏆 12. / 72 Read more »

Major Wall Street firm worries about surprise Fed rate hike, says biggest market gains are overseasThe best investment opportunities may be thousands of miles away. A trade agreement will not make the consumers of the two countries any richer . Tariffs are taxes on consumer goods and services . It will make the crony businessmen of the government bureaucrats that will be granted government protected monopolies a lot richer . fed already came out and said they arent doing anything until after 2020 elections. buy everything They should stop worrying.
Source: CNBC - 🏆 12. / 72 Read more »