People News: Baird, HSBC

Wealth management firm Baird said Glen Clarke has joined its global investment banking business as a managing director in its global consumer team.

Reuters reports that based out of Chicago, Clarke will co-lead the firm's global food & beverage franchise.

In the meantime, Bloomberg News reports that Abdulhadi Shahadah, head of asset management for HSBC in Saudi Arabia, and Mazin Baghdadi, head of investment management in the kingdom, resigned from the bank.

An internal candidate has been identified to take over as the head of investment management, subject to regulatory approval, said a spokesman for HSBC Saudi Arabia. A new head of asset management will be announced shortly, he said.

MOVES-Baird appoints Glen Clarke as MD, global investment banking

HSBC’s Saudi Arabia Investment, Asset Management Heads Resign

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