--- title: Goldman Sachs Is Pulling Claude Code from Its Bankers... description: Goldman Sachs has restricted Anthropic's Claude Code and Microsoft's GitHub to its engineers, cutting off traders and bankers who used the tools to track... canonical: https://daily.dev/posts/goldman-sachs-is-pulling-claude-code-from-its-bankers-and-traders-dmltlbhnz twitter:card: summary_large_image twitter:site: @dailydotdev og:type: website og:site_name: daily.dev og:title: Goldman Sachs Is Pulling Claude Code from Its Bankers and Traders | daily.dev og:description: Goldman Sachs has restricted Anthropic's Claude Code and Microsoft's GitHub to its engineers, cutting off traders and bankers who used the tools to track... og:url: https://daily.dev/posts/goldman-sachs-is-pulling-claude-code-from-its-bankers-and-traders-dmltlbhnz og:image: https://api.daily.dev/og/posts/dMLTLBHNz.png og:image:alt: Goldman Sachs Is Pulling Claude Code from Its Bankers and Traders og:image:width: 1200 og:image:height: 630 og:locale: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # Goldman Sachs Is Pulling Claude Code from Its Bankers and Traders **[Hacker News](https://daily.dev/sources/hn)** · 6 min read · 0 upvotes · 0 comments ## Summary Goldman Sachs has restricted Anthropic's Claude Code and Microsoft's GitHub to its engineers, cutting off traders and bankers who used the tools to track client flows and build market models. Internal guidance updated in October followed a review of productivity and risk concerns, Bloomberg reported. Strats, who work across trading, quant research and engineering, still have access. The change comes weeks before Goldman, a lead underwriter on Anthropic's IPO, takes the company public on Nasdaq under ticker ANT. In July, Goldman's CIO Marco Argenti had praised traders for building tools with AI agents; the October guidance limits agents to the roughly 12,000 engineers among the bank's 47,000 staff. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: ## Questions this post answers ### Why did Goldman Sachs restrict Claude Code and GitHub Copilot to only its engineers? Goldman updated internal guidance in October 2026 to limit Claude Code and GitHub Copilot access to its roughly 12,000 engineers, cutting off traders and bankers who had been using the tools to track client flows and build market models. The change followed an internal review of productivity and risk concerns, including information-barrier requirements and unreviewed code running on trading desks. _Weighing where AI coding agents belong in a regulated workflow? Track enterprise AI policy shifts like this on daily.dev._ ### Does the Hong Kong Claude ban at Goldman Sachs still apply, and how is it different from the new restriction? Yes, Goldman removed Claude from its internal AI platform for Hong Kong bankers in April, based on a strict reading of its Anthropic contract terms, since Claude was never officially supported there; ChatGPT and Gemini stayed available. The October 2026 restriction is different: it applies firm-wide based on employee role (engineers only), not location or contract terms. _Following how banks carve up AI tool access by region and role? Keep tabs on these enterprise AI policy stories on daily.dev._ ### Is Goldman Sachs still working with Anthropic despite restricting Claude Code internally? Yes. Goldman and Morgan Stanley are lead underwriters on Anthropic's IPO per the S-1 filed October 26, with Anthropic expected to list on Nasdaq under ticker ANT before the end of November. Separately, Anthropic engineers spent six months at Goldman earlier in the year helping build Claude-based agents for trade accounting and client onboarding, run by Goldman's own engineering teams. _Tracking Anthropic's IPO and its enterprise partnerships? Follow the developing coverage on daily.dev._ ## Community take How the wider developer community reacted, aggregated from 1 discussion and 200 comments across hackernews (as of 2026-11-08). **TL;DR:** Discussion centers less on whether the policy is right and more on why it's happening now: suspicion about conflict of interest given Goldman's role as Anthropic IPO underwriter, concerns about the 'lethal trifecta' security risk of agents running on workstations with client data, and a long tangent about enterprise billing costs for Claude. **Sentiment:** 10% positive · 35% mixed · 55% skeptical **The case for** - Some argue non-technical staff benefit from the flexibility of a programmable environment rather than rigid fixed tools. - One commenter frames the restriction positively as pushing untrained users toward safer, IT-reviewed paths while still letting engineers build proper abstractions. **The pushback** - Running coding agents on workstations with access to client/trade data, email, and the internet creates a 'lethal trifecta' risk of data exfiltration or leaks via prompt injection. - Non-technical staff building unreviewed apps/tools raises compliance risks, like accidentally bypassing information barriers ('Chinese walls') or mishandling entitlements. - Several suspect the timing is driven by optics/conflict-of-interest concerns given Goldman's role underwriting Anthropic's IPO. - Enterprise billing moves to API rates above ~150 seats, making large-scale rollout expensive and inconsistent with the cheap subscription experience individuals get. - Productivity concerns are cited: excessive 'slop' output (bloated docs/presentations) and people deploying code they don't understand. **By community** - hackernews (mixed): Conversation splits between technical skepticism about security/compliance risk, cynicism about Goldman's IPO conflict of interest, and a long sub-thread debating enterprise AI billing economics. **Hottest debate:** Whether the restriction is a genuine security/compliance response (the 'lethal trifecta' risk) or a PR/conflict-of-interest move timed around Goldman's role underwriting Anthropic's IPO. **Open questions** - Who is actually building robust governance/sandboxing solutions for agentic coding tools in regulated industries at scale? - Was there a specific security incident or financially material event that triggered this policy change? - How will banks manage and audit the thousands of ad hoc tools already built by non-engineers before the restriction? **Highlights** > People are giving all kinds of explanations here why Goldman is doing this, but they are not addressing what the article (implicitly) says: operating coding agents on the primary machines of finance professionals runs directly into the lethal trifecta. It's as simple as that. You cannot have semi-unattended agents running on the same workstations that have access to client/trade/prop information and email client, and internet, and internal networks, it's too dangerous--a major leak is just one small mistake or prompt injection away. Banks are not stupid, they are getting it and shutting it down. > — [lukebuehler on hackernews · 6 comments](https://news.ycombinator.com/item?id=50416595) > The most interesting part of this announcement is the timing. GS is leading Anthropic's IPO, what motivated them to announce this a few weeks before trading starts? > — [cactca on hackernews · 8 comments](https://news.ycombinator.com/item?id=50416089) > The ability of bankers or traders to even create an app that others can run, without any IT review/approval process is probable a compliance issue in and of itself. There are things simple building blocks don't prevent in the event of nefarious or stupid behavior. Imagine a nefarious banker creates an app that lets him talk to a trader on the other side of the "Chinese wall" about M&A deal flow without getting caught because they are avoiding monitored channels like email, slack, phone, zoom. Imagine an idiot writes an app that scans his email and summarizes client information he is privy to and writes it to some database that his app then serves up to others on the trading desk. He is unaware that entitlements exist, and by giving others access to his new app he has broken them. Btw summarizing email is a HUGE use case across non-technical users in finance that they are very excited about. > — [steveBK123 on hackernews · 2 comments](https://news.ycombinator.com/item?id=50416113) > I dunno, I have a lot more sympathy for non-technical users writing slop than engineers. I think it's really great that more people get to "properly" use the computer, in that they experience a flexible programmable environment, rather than a fixed set of discreet programs "take it or leave it". If the issue is security, a much more interesting problem for the engineering team to do is design the programming environment for the bankers so they cannot hurt themselves. If the issue a performance, designing great abstractions that the bankers' agents can use is "low code done right". I hope the bankers rebel hard against this policy change! > — [Ericson2314 on hackernews · 10 comments](https://news.ycombinator.com/item?id=50415824) > > The $20/mo plan ... Is just the first hit your dealer gives away for free. Treating that as the actual baseline cost for what they need in order to justify current AI valuations requires some truly fraudulent mathematics. Hell, even the current API rates are unsustainable -as-long-as- they need to keep investing into training the next model they will be serving 6 months from now. The plan has always been to develop these models using borrowed money, get everyone's business process addicted to them, moat off access to alternatives (e.g. chinese / foreign open-weight models), via technical superiority -or- more likely regulatory shenanigans, THEN jack the prices up through the roof starting with direct enterprise customers buying API access but then obviously bubbling down into literally every product / service every human being on this planet purchases. Unfortunately, it's a garbage plan based on a multi-ton house of cards that is about to collapse on everyone. > — [cvadict on hackernews](https://news.ycombinator.com/item?id=50416449) **Source threads** - [hackernews](https://news.ycombinator.com/item?id=50415628) · 292 points · 200 comments ## Similar posts on daily.dev - [JPMorgan cuts off Anthropic access for Hong Kong staff](https://daily.dev/posts/jpmorgan-cuts-off-anthropic-access-for-hong-kong-staff-xecuz4vlq) · The Next Web · 3 upvotes · 0 comments - [Why 157,000 developers are hedging against Anthropic with OpenCode](https://daily.dev/posts/why-157-000-developers-are-hedging-against-anthropic-with-opencode-myktaoppc) · The New Stack · 8 upvotes · 1 comments --- Tags: [#ai-agents](https://daily.dev/tags/ai-agents), [#anthropic](https://daily.dev/tags/anthropic), [#claude-code](https://daily.dev/tags/claude-code) [View this post on daily.dev](https://daily.dev/posts/goldman-sachs-is-pulling-claude-code-from-its-bankers-and-traders-dmltlbhnz) ```json {"@context":"https://schema.org","@graph":[{"@type":"Organization","@id":"https://daily.dev/#organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180},"sameAs":["https://twitter.com/dailydotdev","https://github.com/dailydotdev","https://www.linkedin.com/company/daily-dev-ltd"]},{"@type":"WebSite","@id":"https://daily.dev/#website","url":"https://daily.dev","name":"daily.dev","publisher":{"@id":"https://daily.dev/#organization"},"potentialAction":{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https://daily.dev/search?q={search_term_string}"},"query-input":"required name=search_term_string"}}]} {"@context":"https://schema.org","@type":"TechArticle","headline":"Goldman Sachs Is Pulling Claude Code from Its Bankers and Traders","url":"https://daily.dev/posts/goldman-sachs-is-pulling-claude-code-from-its-bankers-and-traders-dmltlbhnz","mainEntityOfPage":{"@type":"WebPage","@id":"https://daily.dev/posts/goldman-sachs-is-pulling-claude-code-from-its-bankers-and-traders-dmltlbhnz"},"datePublished":"2026-11-08T19:01:23.790Z","dateModified":"2026-11-08T20:47:48.373Z","description":"Goldman Sachs has restricted Anthropic's Claude Code and Microsoft's GitHub to its engineers, cutting off traders and bankers who used the tools to track...","image":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/95ae5f304f208da9db047c17495e2d1a?_a=AQAEuop","thumbnailUrl":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/95ae5f304f208da9db047c17495e2d1a?_a=AQAEuop","isAccessibleForFree":true,"articleSection":"Hacker News","inLanguage":"en","publisher":{"@type":"Organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180}},"author":{"@type":"Organization","name":"Hacker News","logo":"https://media.daily.dev/image/upload/t_logo,f_auto/v1/logos/hn","url":"https://daily.dev/sources/hn"},"commentCount":0,"discussionUrl":"https://daily.dev/posts/goldman-sachs-is-pulling-claude-code-from-its-bankers-and-traders-dmltlbhnz","interactionStatistic":[{"@type":"InteractionCounter","interactionType":{"@type":"LikeAction"},"userInteractionCount":0},{"@type":"InteractionCounter","interactionType":{"@type":"CommentAction"},"userInteractionCount":0}],"keywords":"ai-agents,anthropic,claude-code","timeRequired":"PT6M"} {"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https://daily.dev"},{"@type":"ListItem","position":2,"name":"Hacker News","item":"https://daily.dev/sources/hn"},{"@type":"ListItem","position":3,"name":"Goldman Sachs Is Pulling Claude Code from Its Bankers and Traders"}]} {"@context":"https://schema.org","@type":"FAQPage","@id":"https://daily.dev/posts/goldman-sachs-is-pulling-claude-code-from-its-bankers-and-traders-dmltlbhnz#faq","mainEntity":[{"@type":"Question","name":"Why did Goldman Sachs restrict Claude Code and GitHub Copilot to only its engineers?","acceptedAnswer":{"@type":"Answer","text":"Goldman updated internal guidance in October 2026 to limit Claude Code and GitHub Copilot access to its roughly 12,000 engineers, cutting off traders and bankers who had been using the tools to track client flows and build market models. 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