HSBC extends travel ban to Hong Kong to March 2: staff memo

This post was originally published on this site

(Reuters) – Europe’s biggest bank HSBC (L:) has extended its ban on staff travelling to Hong Kong until March 2, according to an internal memo seen by Reuters, as the death toll from the coronavirus outbreak continues to climb.

The Asia-focused, British-based lender had originally banned all staff travel to Chinese-ruled Hong Kong for two weeks in late January and to mainland China until further notice.

A spokeswoman for HSBC confirmed the contents of the memo, which was sent to staff on Wednesday.

The bank, which has the largest presence among foreign banks in China, has also asked staff who have recently visited the country to undergo a self-imposed 14-day quarantine.

The new coronavirus has so far claimed the lives of 490 people in China, most in and around the city of Wuhan, where the flu-like virus emerged late last year. One person has died in Hong Kong and one in the Philippines, both following visits to Wuhan.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.