London Daily

Focus on the big picture.
Monday, Feb 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 Police Officers Guarded 2010 Epstein Dinner Attended by Prince Andrew, Reports Say
US Trade Representative Affirms Commitment to Existing Tariff Agreements with UK and Other Partners
Activists at the Louvre hung a framed Reuters photograph of Andrew Mountbatten-Windsor slumped in the back of a car leaving a police station on the day of his arrest
The royal biographer said that he expected the police to 'look at the money trail' - including Sarah Ferguson borrowing money from Epstein
A Protestor screams in NYC: “Bill Gates is on the Epstein’s List…”
FBI and Secret Service Hold Press Conference After Shooting Incident at Mar-a-Lago
Mark Zuckerberg Testifies in Trial Over Social Media's Impact on Children's Mental Health
Maggie Oliver exposes Keir Starmer using letters to close child rapists investigations
Kouri Richie's wrote a children’s book to help her sons grieve the death of their father. Now she’ll stand trial for his murder
New York Braces for Major Snowstorm With Up to 18 Inches Forecast and Blizzard Warnings Issued
Mexican Military Kills CJNG Leader Nemesio Oseguera Cervantes as Violence Erupts Across Jalisco
Metropolitan Police Deploys Palantir-Powered AI to Flag Potential Officer Misconduct
UK Parliament Rebukes Police Over Ban on Israeli Football Fans
Britain Emerges Among a Small Group of Nations Without a Religious Majority
UK’s Manufacturing Base at Risk as Soaring Energy Costs Weigh on Industry
Matt Goodwin’s Unconventional Campaign for Reform UK in the Gorton and Denton By-Election
US Military Movements in the UK Spark Speculation Over Preparations Related to Iran Tensions
UK Faces Significant Economic Risk From Trump’s New Global Tariff Regime
UK Defence Secretary Signals Intent to Deploy British Troops to Ukraine
UK Students Mark Lunar New Year as Universities Adjust to New Equality Compliance Rules
UK Government Weighs Removing Prince Andrew from Line of Succession After Arrest
Prince Andrew’s Arrest in UK Rekindles Scrutiny Over US Handling of Epstein Records
Trump’s Strategic Warning to UK Over Chagos Islands Deal Sparks Diplomatic Whiplash
Starmer Government Postpones Local Elections Affecting 4.5 Million Voters
UK Economy Remains Fragile Despite Recent Upturn in Headline Indicators
UK Businesses Face Fresh Uncertainty Following US Tariff Ruling
Reform UK’s Senior Figures Face Scrutiny Over Remarks on Women and Family Policy
UK Electric Vehicle Drive Threatened by Shortage of 44,000 Qualified Technicians
University of Kentucky Trustees Advance Academic Reforms and Approve Coliseum Plaza Purchase
Boris Johnson Calls for Immediate Deployment of UK Troops to Support Ukraine
OpenAI CEO Sam Altman praises the rapid progress of Chinese tech companies.
North Korea's capital experiences a significant construction boom with the development of a new city district dubbed 'Pyonghattan'.
New electric vehicle charging service eliminates waiting times
Vox Populi confronts Justin Trudeau at Davos over vaccination policies
Poland's President Karol Nawrocki ENDS support for Ukrainian citizens:
The mayor of Rotherham in Britain
One day after ex-Prince Andrew's arrest, British police are searching his former home, while U.K. lawmakers will consider introducing legislation to remove him from the line of royal succession
Vandana Shiva reminding the world that Bill Gates did not invent anything.
Italy's PM Giorgia Meloni highlights record employment and economic growth
UK Confirms Preferential U.S. Trading Terms Will Continue After Supreme Court Tariff Ruling
U.S. and U.K. to Hold Talks on Diego Garcia as Iran Objects to Potential Military Use
UK Officials Weigh Possible Changes to Prince Andrew’s Position in Line of Succession Amid Ongoing Scrutiny
British Police Probe Epstein’s UK Airport Links and Expand High-Profile Inquiries
The Impact of U.S. Sanctions on Cuba's Humanitarian Crisis: A Tightening Noose
Trump Directs Government to Release UFO and Alien Information
Trump Signs Global 10% Tariffs on Imports
United Kingdom Denies U.S. Access to Military Base for Potential Iran Strike
British Co-founder of ASOS falls to his death from Pattaya apartment
Early 2026 Data Suggests Tentative Recovery for UK Businesses and Households
UK Introduces Digital-First Passport Rules for Dual Citizens in Border Control Overhaul
×