(Bloomberg) — Standard Chartered Plc will start working in split teams again in Hong Kong as the spread of the omicron variant threatens a fifth wave of infections in the Asian financial hub.
In a memo to staff, the bank said it will resume a “hard-split A/B team arrangement” for “critical functions” to ensure business continuity. It urged employees to bring laptops home every day and called on staff to avoid large-scale organized events and unnecessary social gatherings. A spokeswoman confirmed the contents of the memo.
“We’ve managed through multiple Covid-19 waves before so we know we can overcome this,” the bank said in the memo.
The reemergence of protective measures comes about seven months since business life largely return to normal as the city’s fourth wave of infections subsided. Hong Kong has detected the first preliminary positive case of Covid-19 from an unknown source in almost three months. City official on Wednesday also ordered bars, gyms, swimming pools, nightclubs closed from Friday for two weeks and restaurants to end dine-in services at 6 p.m.
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