Wall Street reassures employees, without wholly rejecting ban

Finance industry has been cautious in moving into political controversy

Wall Street is an industry built on courting clients around the globe and hiring some of the best and brightest, wherever they may be.

But the finance world delivered a largely muted response to President Trump’s temporary ban on immigration from seven predominantly Muslim countries, even as other industries took far stronger stances on the action, casting it in moral terms.

Goldman Sachs’s chief executive, Lloyd C Blankfein, issued perhaps the only condemnation by a Wall Street firm of Trump’s order, saying it was “not a policy we support.”

By contrast, corporate chieftains from a range of other industries took bold stands: The