Bank last month said credit losses should the virus outbreak persist could climb to US$600 mil. FMTNews HSBC Coronavirus Covid19
HONG KONG: An employee at HSBC Holdings Plc in China has been infected by the coronavirus, adding to the bank’s troubles after it partially evacuated its London office as another employee there tested positive.
The infected employee, who’s now in good condition, works at the bank’s Wuhan branch and hasn’t been in contact with any HSBC staff or customers since late January, a Hong Kong-based spokeswoman said in an email. First identified in the Chinese city of Wuhan, the coronavirus has claimed 3,300 lives and infected more than 97,000 people globally.
A person familiar with the matter said that it was the research department, and that trading floor operations are continuing as normal. Dozens of people have been evacuated, the person said, requesting anonymity.
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