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.
In total rental activity, it comprises more than 368,500 leases registered in 2025, accounting for…
Abu Dhabi is reinforcing its position as one of the world's fastest-growing financial centres as…
Doha, Qatar, July 2026 — Doha is reinforcing its position as one of the Middle…
Keturah founder says new climate research demands rethink from region’s developers Dubai, UAE, 2nd July…
ADXinteract reveals sales climb 173% in value to AED 84.49 billion and 103% in volume…
Ras Al Khaimah is rapidly strengthening its position as one of the Middle East’s fastest-growing…