Goldman Sachs Group banned most employees from using advanced AI tools for programming after evaluating efficiency and hidden risks. This move caused dissatisfaction among some employees. Over the past few months, Goldman Sachs has allowed investment bankers to work using Anthropic's Claude Code and Microsoft GitHub. Bloomberg saw this October update of internal guidelines. The new regulations reduce the right to use these tools and only open them to engineers. A person familiar with the matter, who asked not to be named, said that the ban has frustrated some traders. They previously used these tools to improve work efficiency, including monitoring customer transaction flow, building market and position change models, and generating text and chart materials. Another source familiar with the matter revealed that this new regulation does not apply to quantitative strategists — this type of position spans trading, quantitative research, and software engineering.

Goldman Sachs Group banned most employees from using advanced AI tools for programming after evaluating efficiency and hidden risks. This move caused dissatisfaction among some employees. Over the past few months, Goldman Sachs has allowed investment bankers to work using Anthropic's Claude Code and Microsoft GitHub. Bloomberg saw this October update of internal guidelines. The new regulations reduce the right to use these tools and only open them to engineers. A person familiar with the matter, who asked not to be named, said that the ban has frustrated some traders. They previously used these tools to improve work efficiency, including monitoring customer transaction flow, building market and position change models, and generating text and chart materials. Another source familiar with the matter revealed that this new regulation does not apply to quantitative strategists — this type of position spans trading, quantitative research, and software engineering.