HSBC, Hang Seng Bank phase out work-from-home flexibility for frontline staff in Hong Kong
The two banks tighten work rules in the city, requiring traders and salespeople to return to the office from April 1
In an internal memo seen by the South China Morning Post, HSBC, the city’s largest bank, asked client-facing staff, including traders and salespeople, to follow the new rules from April 1. Sources said Hang Seng Bank would follow the same rules.
Managing directors and senior managers with direct reports must attend the office at least four days a week, while all other staff need to be present at least three days, with one of those days being either a Monday or a Friday, subject to office space availability.
The memo urged people managers to lead by example, saying they were instrumental in driving good practice and experience. “We ask you to role model the change with clear guidance,” it added.