London Daily

Focus on the big picture.
Sunday, Aug 23, 2026

HSBC, Standard Chartered reinstate work-from-home measures as ‘third wave’ of coronavirus hits Hong Kong

HSBC, Standard Chartered reinstate work-from-home measures as ‘third wave’ of coronavirus hits Hong Kong

Hong Kong’s banks were some of the first globally to return to work during coronavirus pandemic. Banks from BNP Paribas to HSBC are ‘strongly’ encouraging employees to work from home if possible

After serving as a test run globally for how to return to the office safely, banks in Hong Kong reinstated work-from-home arrangements for many of their staff this week as a “third wave” of coronavirus cases hit the city.

HSBC, the biggest of three banks authorised to issue currency in the city, “strongly encouraged” its staff to work remotely beginning on Wednesday until further notice, particularly those with pre-existing medical conditions.

“To support flexible working, employees who must work from HSBC premises should discuss working arrangements, including staggered arrival and lunch times, with their line manager,” HSBC said in a memo late on Tuesday.

A HSBC spokeswoman confirmed the contents of the memo on Wednesday.

Banks in Hong Kong were some of the first globally to return to the office en masse beginning in May as the coronavirus pandemic forced financial centres from New York to London to Singapore to close offices as part of the world’s biggest work-from-home experiment.

The coronavirus, which causes the disease Covid-19, has infected more than 13.3 million people worldwide.

The International Commerce Centre (ICC) in West Kowloon and other office towers in the city reprogrammed lifts to carry fewer passengers. Banks installed privacy screens on trading desks and at bank teller locations to prevent the spread of droplets between colleagues and customers. Conferences in the city, as well as business meetings, went virtual.

But, the city ordered some of its strictest social-distancing measures so far this week after a surge in new locally transmitted cases, including a requirement that passengers wear masks on public transit. Bars, karaoke rooms and gyms were among a dozen businesses ordered closed beginning Wednesday and restaurants can only provide takeaway after 6pm.

BNP Paribas said in an internal memo this week it would begin splitting teams and suspended travel by employees between different floors in its buildings and visits by staff between its offices in the city. The bank asked employees to limit any meetings to no more than eight people, per city guidelines, and to “consider the necessity of planning further in-person meetings – both internal and external”.

A BNP Paribas spokeswoman declined to comment on Wednesday.

As a result of the surge in cases, Citigroup is pausing its plans to bring more people back to the office in Hong Kong, with 70 per cent of its staff in the city now working from home. About 50 per cent of its staff worked from home before the pause.

Deutsche Bank asked “non-critical staff” to work from home when possible, whilst Nomura encouraged the bulk of its staff to return to working from home as much as possible. Nomura had returned fully to the office last week.

Standard Chartered encouraged its employees to work from home where possible and put a “hard-split team” arrangement into effect for employees who had to work in the office to reduce the risk of infection, a spokeswoman said.

Branch staff will work from home one day each week to reduce physical contact and branches will close temporarily for deep cleaning and disinfection if there is a confirmed case nearby, she said. Customers are required to wear masks and undergo temperature checks when visiting its branches in the city.

Newsletter

Related Articles

0:00
0:00
Close
UK Opens National Artificial Intelligence Safety Testing Facility
UK Government Finalizes Plans to Bring Remaining Regional Rail Services Into Public Ownership
Environment Agency Imposes Record Penalties on Water Companies Over Illegal Sewage Discharges
Great British Energy Announces Offshore Wind Partnership in North Sea
UK Government Tightens Planning Rules to Accelerate Housing Development
NHS Launches Digital Overhaul to Cut Elective Care Waiting Lists
Bank of England Signals Interest Rates May Stay Higher for Longer as Inflation Pressures Persist
The rise and fall of Hui Ka Yan, China’s richest man
Woke: Britain Considers Plain Packaging for Cigars as Specialist Shops Warn of Industry Collapse
Britain's Public-Service Productivity Remains Below 2019 as £80 Billion Output Gap Fuels WFH Debate
Mandelson Epstein Case in Jeopardy as U.S. Files Stay Out of Reach
Prince Harry and Six Others Ordered to Pay £9.5 Million After High Court Defeat
Bank of England Holds Interest Rate at 3.75% as Inflation and Energy Risks Persist
UK AI Security Tests Find Autonomous Agent Attempting Malicious Code Injection
UK Economy Grows 0.4% in Second Quarter Amid Global Pressures
UK Joins European Allies in Condemning Israeli Settlement Plans in West Bank E1 Area
Multiple People Killed in A66 Collision Near Middlesbrough Involving Police Vehicle
UK Government Holds First National Day for Victims and Survivors of Terrorism
UK Met Office Warns of Severe Autumn Storms as Strong El Niño Follows Historic Drought
Petrol Bombs Set Luxury Cars Alight Outside Birmingham Wedding as Police Hunt Three Men
Bitcoin Surges Toward $80,000 as Short Squeeze and ETF Inflows Ignite Crypto Rally
Prince Harry and Co-Claimants Ordered to Pay £9.5 Million Toward Daily Mail Publisher’s Legal Costs
Prince Harry and Meghan Markle Reportedly Plan Return to Britain With Their Children
UK Court Ruling Threatens Deportation Plans for Potential Trafficking Victims to Albania
Kemi Badenoch Presses UK Government for Decisions on Rosebank and Jackdaw Oil Fields
UK Foreign Affairs Committee Chair Calls for Ban on Goods from Occupied West Bank
Andy Burnham Government to Place Civil Servants Directly in English Mayoral Offices
Met Office Warns Major El Niño Could Bring Stormier, Wetter Autumn to UK
UK Economy Gains Unexpected Momentum Ahead of Andy Burnham Government’s First Budget
Twenty-Nine US States Take Meta to Trial Over Alleged Child Addiction on Instagram and Facebook
Former Scottish National Party Executive Peter Murrell Jailed for Five Years Over £400,000 Embezzlement
Moderna and Merck's Personalized Cancer Vaccine Succeeds in Historic Late-Stage Melanoma Trial
Prince Harry and Meghan to Move Back to Britain With Their Children
England and Wales Have Fewer Than 1,800 Prison Places Left for Men
Royal Navy to Accelerate DragonFire Laser Deployment Against Growing Drone Threat
Northern Ireland Approves Five Hundred Million Pound Belfast Harbour Expansion
Great British Railways Takes Full Control of Avanti West Coast as Rail Nationalisation Reaches Final Stage
UK AI Safety Institute Calls for Mandatory Security Audits of Advanced AI Models
Scotland Secures Three Billion Pounds for Floating Offshore Wind Hub in Aberdeen
Government Overrides Local Councils to Approve Green Belt Housing Across Southern England
UK and EU Move Toward Mutual Recognition of Food Standards to Ease Cross-Channel Trade
Government Plans Multibillion-Pound Private Healthcare Expansion to Cut NHS Surgical Backlogs
Bank of England Signals Faster Rate Cuts as Inflation Falls Below the Two Percent Target
Suspected People Smuggler Arrested After Investigation Identified Him
Children's Doctors Warn That Vaping Can Lead Young People to Smoking
Hundreds of Thousands of Students Receive GCSE and Vocational Results Across England, Wales and Northern Ireland
Here Is What Can Never Happen in Your Country: Taiwan Is Giving Money to All Its People Because It Collected Too Much Tax
UK Inflation Rises to 2.9% as Energy Bills Jump
UK Issues New Conduct Guide for Asylum Seekers on Consent and Respect
Moderna Shares Surge After Positive Personalized Skin Cancer Trial Results
×