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.
The fundamentals of the economy were strong, while occupier sentiment was favourable amid the scarcity…
The Adnoc CEO reveals that they have expedited the construction of the pipeline to 2027…
Oil prices are to stay volatile amid concerns over Middle Eastern oil supplies overshadowing diplomatic…
The GAIP InsureTek India 2026 (12th Edition), scheduled for 26th August 2026 in Mumbai, brings together key players…
The GAIP InsureTek Armenia 2026 (11th Edition), taking place on 4th June 2026 in Yerevan, marks the expansion…
Around 1,200 residential units were launched in the capital during Q1 in Abu Dhabi