HSBC (HKG:0005) closed all its branches in Qatar in response to the ongoing conflict in the Middle East, according to multiple media reports Wednesday.

The bank took the measure to ensure the safety of staff and consumers, Reuters reported, citing a customer notice.

Meanwhile, Standard Chartered (HKG:2888) ordered staff to evacuate its Dubai offices and work from home instead, Reuters said.

Iran previously warned that it would attack economic and banking interests linked to the U.S. and Israel in response to the recent bombing by both countries.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)