Citi Banker’s Arrest in Hong Kong Caps Wave of Protest Warnings
- Banks urge employees to take precautions as violence escalates
- ‘Managers should not hesitate to cancel’ meetings, BNP says
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Citigroup Inc. warned Hong Kong staff to steer clear of dangerous places after police grabbed one of its investment bankers off a sidewalk. As protests raged, firms across the city urged workers to consider staying home to ensure their families’ safety.
On a conference call Wednesday, Citigroup said that safety was the priority amid escalating clashes between protesters and police, people familiar with the situation said, asking not to be named because the matter is private. One of its bankers is the person seen in a video that has circulated widely on social media, according to the people.