Global banks shift some Covid-hit operations from India SECTIONS Share Synopsis Rising Covid cases in India has hit the operations of global banks like Morgan Stanley, Goldman Sachs, HSBC , Deutsche Bank and Standard Chartered. However, they say their robust business continuity plans have prevented any significant damage. The tech centres of global banks based in Bengaluru, Chennai and Gurgaon have seen staff getting infected during the second wave, forcing them to move some work to other geographies temporarily. Most, however, say their robust business continuity plans have prevented any significant damage. Wall Street giant Morgan Stanley, which has 6,000 employees in Mumbai and Bengaluru, said a small percentage of its staff have been impacted due to the pandemic, though it is operating in a business-as-usual mode.