HSBC is continuing a hiring spree for its equities business in the Asia-Pacific region, recruiting executives from firms including Deutsche Bank, the German bank which is making deep cuts to its own global operations.
Bloomberg News reports that HSBC has hired Deutsche Bank’s Isabella Kwok as a managing director for Asian equity sales with a China focus, according to people familiar with the matter, asking not to be identified because the move hasn’t been announced.
Others joining the London-based bank in Hong Kong include Edman Wong from Citigroup Inc. and CLSA Ltd.’s Vivek Gandhi, who will be based in Singapore, the people added.
Jonathan Cox is joining the New York bank as global co-head of oil and gas investment banking and co-head of its Houston office, according to an internal memo obtained by Bloomberg and confirmed by a spokeswoman. Michael Johnson is joining as a vice chairman of investment banking.