Investment Banking

JPMorgan offers to reimburse Hong Kong bankers’ quarantine costs

Hong Kong staff qualify for the cost of the city’s three-week quarantine from December 1 to 22 November

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The move comes a week after the bank's chief executive Jamie Dimon skipped the mandatory quarantine to visit the city and thank the bank's 4,000 employees for their effort over the pandemic Photo: POOL/AFP via Getty Images

JPMorgan has told Hong Kong staff it will pay up to $5,000 back in compensation for their quarantine stay when they return to the city if they want to visit loved ones from 1 December 2021 to 22 November 2022.

An internal memo staff, seen by the South China Morning Post, sets out the new policy for a single quarantine stay for personal trips for Hong Kong-based directors and lower-level staff.

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