Standard Chartered Plc (STAN.L) has started operating in split teams in Hong Kong, a bank spokesperson said on Wed
HONG KONG, Jan 5 (Reuters) – Standard Chartered Plc (STAN.L) has started operating in split teams in Hong Kong, a bank spokesperson said on Wednesday, as the Asian financial hub announced tough new restrictions after an increase in new COVID-19 cases.
Critical teams of the London-headquartered bank, which has about 6,000 staff in Hong Kong, has implemented a Team A/Team B working arrangement this week, the spokesperson said, adding other units are being encouraged to follow suit.
Hong Kong leader Carrie Lam said on Wednesday the government will introduce a series of new measures to curb the spread of COVID-19, as she warned the city was on the verge of another outbreak. read more
Financial offices in Hong Kong have been operating at nearly full capacity for the last few months, unlike in New York or London, as the city stuck to a zero-COVID strategy by largely isolating itself from the world.Reporting by Scott Murdoch; editing by Sumeet Chatterjee and Jason Neely
This article was originally published by Reuters.
Dubai, UAE, 24th March 2026 Real estate leader Sankey Prasad has launched Sterling Ark afteracquiring…
Dubai has announced another significant step towards becoming one of the world’s leading cashless cities,…
FIA President Ben Sulayem: We are setting new benchmarks for sustainability while building a future…
FIA Statement It has been confirmed today that, after careful evaluations, due to the ongoing…
The race welcomed 30,000 fans over the weekend which saw António Félix da Costa win,…
Melqart Asset Management, a London-based hedge fund founded by Michel Massoud, is on the verge…