Citi moves senior equities staff out of Hong Kong amid Covid-19 woes



ORIGINAL POST
Posted by Ed 3 yrs ago

HONG KONG (BLOOMBERG) - Citigroup is moving half a dozen senior equities staff from Hong Kong to Singapore and other markets as the Chinese territory's steadfast zero-Covid-19 approach hampers operations for global banks and the quality of life for their employees.

Mr Lee Mcqueen, head of pan-Asia equity blocks, is among managing directors relocating to Singapore, following a recent move by Ms Sue Lee, the region's head of equity derivatives distribution, people familiar with the moves said.

Read more on straitstimes.com


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