Societe Generale and Singapore reportedly reached an agreement to allow more than 10 Hong Kong bankers to relocate there (14:16) – 20220505 – Instant Financial News

The Asian headquarters in Hong Kong has been Societe Generale’s regional operations center since 1977. The report quoted sources as saying that due to Hong Kong’s strict epidemic prevention requirements, Societe Generale faced pressure from Hong Kong employees to relocate, and employees hoped to escape the strict prevention and control regulations under Chinese territory. Therefore, Societe Generale officially designated the Singapore office as the backup location for the Asian headquarters.

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