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OCBC mulls setting up crypto exchange: CEO

Bloomberg Overseas-Chinese Banking Corp (OCBC) is considering whether to set up a crypto exchange as Southeast Asia’s second-largest lender seeks to respond to customer needs, Chief Executive Officer Helen Wong said. “We are looking at it and seriously there are some work being done in the bank,” Wong told Haslinda Amin in a Bloomberg Television interview, when asked whether the ...

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JPMorgan to reimburse $5,000 to HK bankers for quarantine

Bloomberg JPMorgan Chase & Co is offering to reimburse Hong Kong employees up to $5,000 to compensate for their quarantine stay as the financial hub sticks to its zero-Covid policy. All Hong Kong-based employees who are executive directors and below may claim the amount for a single quarantine stay for personal trips to visit immediate family members, which includes spouses, ...

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Scotiabank plans phased return to office for HQ staff

Bloomberg Bank of Nova Scotia plans to start a phased return-to-office plan for headquarters employees who are still working remotely on January 17, marking the first of Canada’s largest banks to set a specific date for a broad return. The return will be staggered for different groups, and the majority of head-office employees will be working in a hybrid model, ...

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