The German bank expects to receive the two-shot Moderna (MRNA) - Get Moderna Inc. Report vaccine from New York State authorities, and will administer doses to its full-time employees in the New York office, Reuters reported.
Deutsche has asked the Brentwood, Tenn., health-care provider Premise Health to administer the shots after an internal survey found a majority of employees would support the effort.
Deutsche Bank will become the first big bank in New York to offer COVID-19 vaccines at its offices, though many offer on-site testing for the virus, Reuters reported.
To be sure, getting the vaccines is not mandatory.
All New Yorkers age 16 and older are now eligible for getting coronavirus vaccinations.
More than 10.5 million doses of the COVID-19 vaccine have been administered in New York State, according to media reports.
The Food and Drug Administration and the Centers for Disease Control and Prevention on Tuesday called for an immediate pause of Johnson & Johnson's (JNJ) - Get Johnson & Johnson Report single-dose coronavirus vaccine after six people in the U.S. developed a rare blood clotting disorder.
The White House said this pause would not affect the national rollout of vaccines.
Deutsche Bank's vaccination effort will be conducted in phases, starting with full-time employees working at the New York office.
Among the big banks, JPMorgan Chase, (JPM) - Get JP Morgan Chase & Co. Report Goldman Sachs (GS) - Get Goldman Sachs Group Inc. (The) Report and Citi (C) - Get Citigroup Inc. Report will report first-quarter earnings this week.
U.S.-listed shares of Deutsche Bank at last check were off 0.8% to $12.30.