Goldman Sachs pulls AI coding tools from traders and bankers

Goldman Sachs has restricted access to AI coding tools such as Claude Code and GitHub Copilot, limiting their use exclusively to engineering staff. While the bank previously encouraged non-technical employees to use these tools for development tasks, it is now citing concerns regarding productivity and risk management as the reason for the reversal. This shift marks a departure from the firm's earlier experimentation with democratizing software creation among its broader workforce.