UBS asked all business functions in Hong Kong to revert to two split teams to alternate office work week by week, while Bank of America Corp “encouraged” staff to work at home until Jan. 24. The Hong Kong Economic Journal reported on the message earlier. Standard Chartered PLC told staff to work in split teams in Hong Kong. Frustration has been mounting among businesses in Hong Kong over its stringent quarantine rules, which require arrivals to stay at government facilities and hotels for as long three weeks. Business groups in Hong Kong have said that it puts the territory’s status as a global financial hub at risk.

Source: Taipei Times January 07, 2022 00:56 UTC