Feb 04 2021, 1:42 PM
February 04 2021, 8:17 AM
February 04 2021, 1:42 PM
(Bloomberg) -- Standard Chartered Plc is giving up several floors in its main offices in Hong Kong, as global banks accelerate efforts to cut costs and the pandemic upends work styles.
(Bloomberg) -- Standard Chartered Plc is giving up several floors in its main offices in Hong Kong, as global banks accelerate efforts to cut costs and the pandemic upends work styles.
The U.K. lender is relinquishing the lease on eight floors it occupies in its Standard Chartered Bank Building in Central, and will rent out three levels in its Kwun Tong office that it owns, according to marketing materials seen by Bloomberg. The office space will become available between next month and April next year.