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Banks strengthen coronavirus contingencies amid travel bans and quarantines

Governments and institutions are taking ever-more-drastic measures to prevent spread of the deadly virus

Pedestrians wearing protective masks walk across a footbridge in the Central district of Hong Kong, China, on Wednesday, Jan. 29, 2020
Pedestrians wearing protective masks walk across a footbridge in the Central district of Hong Kong, China, on Wednesday, Jan. 29, 2020 Photo: Getty Images

Banks in the City of London have stepped up their efforts to guard against the deadly coronavirus in China, as governments and institutions take more drastic measures to prevent its spread.

Standard Chartered, one of the first financial institutions to restrict travel to Wuhan, the city where the virus originated, has extended this ban to all of mainland China and Hong Kong. Travel to Wuhan has been banned, while staff returning from China are being asked to work from home for 14 days.

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