HSBC has reopened all its offices in England from today as the government ends Covid-19 related restrictions.
According to local reports, the lender plans to increase its building capacity to 50% of staff over the following few months.
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The employees returning to offices will be required to wear masks. However, other restrictions on client meetings and internal gatherings will be withdrawn.
HSBC has been cautious to resume operations at its offices. Around 4% of its staff worked at its Canary Wharf headquarters throughout the pandemic.
The UK Government has lifted most of the restrictions in the country to advance with the full reopening of the economy. This comes despite a resurgence in the number of Covid-19 cases.
On Sunday, the UK reported more than 48,000 new cases.
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By GlobalDataAround 87.8% of adults have received a first shot of Covid-19 vaccine in the country. The government has also completed administering two-thirds of adults with two doses this week.
Last month, HSBC agreed to sell its French retail banking business to Cerberus Capital Management-backed My Money Group.
The French operations comprise 244 branches and serves around 800,000 customers. It had around €18.9bn in deposits and €21.5bn in customer loans.
The divestment is expected to result into an estimated pre-tax loss of €1.9bn ($2.26bn).
