StanChart’s HK workforce operates in split teams anew

The new arrangement came after the implementation of stricter measures in HK.

Staff members of Standard Chartered Plc in Hong Kong has started working in split teams after the Asian financial hub imposed stricter measures anew due to rising COVID-19 cases.

Reuters, in its report, said the London-headquartered bank issued a memo to staff ordering the resumption of a “hard-split A/B team arrangement” for its critical teams.

The split-team system started this week.

In the same memo, bank employees were called on to refrain from attending “large-scale organised events and unnecessary social gatherings.”

Join Hong Kong Business community

According to Bloomberg, the bank has about 6,000 employees in Hong Kong.

On Wednesday, Chief Executive Carrie Lam warned that Hong Kong is “on the verge” of the fifth wave of COVID.

Follow the link for more news on

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Top News

"Hostels in the City" scheme offers cost-effective hotel conversion option: CBRE
With minimal hotel supply growth projected (just 0.1% CAGR from 2025 to 2030), the overall hotel stock is expected to decline under the scheme.
Hong Kong’s surprise tender cancellation raises red flags for investors: CBRE
The decision was compared to a similar incident in 2021, when the government withdrew the sale of Tsing Yi Town Lot No. 200 due to its temporary use as a quarantine facility.