HSBC Evacuates Parts of Canary Wharf Office After Virus Scare -Financial News
March 05 2020 - 6:46AM
Dow Jones News
By Paul Clarke
Of Financial News
HSBC Holdings PLC evacuated parts of its Canary Wharf office in
London on Thursday after a coronavirus scare.
The U.K. bank has cleared its research department, according to
people familiar with the matter, after an analyst was believed to
have contracted Covid-19.
If confirmed, it would mark the first case of the respiratory
illness at a major financial institution in the U.K. and come in
the same week that professional services firm Deloitte said a
member of its London team was suffering from the virus.
HSBC employs around 40,000 people in the U.K., with roughly a
quarter based at its offices in London's docklands. The bank's
research division sits on the 10th floor of its Canary Wharf
skyscraper and works closely with its traders on the fourth to
advise institutional clients on the buying and selling of stocks
and bonds.
The novel coronavirus emerged in China in late 2019 and has
since spread across the globe infecting more than 95,000 people and
killing around 3,280. An outbreak in Europe has forced banks to
invoke restrictions and bans on travel to areas worst affected by
the virus--notably Asia, where HSBC has a huge presence.
Website: www.fnlondon.com
(END) Dow Jones Newswires
March 05, 2020 06:31 ET (11:31 GMT)
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