Royal Bank of Canada will split its trading floors in Toronto, New York, New Jersey and London starting Monday, according to a person familiar with the plans, responding to growing concern about the spread of coronavirus.

The bank’s RBC Capital Markets division will move some employees to alternative sites for the four trading hubs as part of its business continuity plan, said the person, who asked not to be named because the matter is private.

An RBC spokeswoman confirmed the bank is splitting up its traders across different sites on Monday. The bank has tested the new sites and the move is a precautionary measure to ensure the bank is able to smoothly service its clients, the spokeswoman said.

Toronto-Dominion Bank is also ready to split its trading floors in the coming days, as country’s investment dealers move to reassure clients they can continue to do business amid a spike in volatility across asset classes, according to separate sources familiar with that bank’s plans.

“Our top priority is the health and safety of our employees and our clients. We’re monitoring the evolving health risk and taking necessary steps to maintain business continuity,” said TD spokeswoman Lynsey Wynberg. She declined to comment on the bank’s specific plans.

The action by Canada’s largest bank follows similar steps being taken by Wall Street firms including JPMorgan Chase & Co., Morgan Stanley and Bank of America Corp. to have traders work from alternative sites.