HSBC expands in Asia Pacific
03 September 2012 London
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HSBC’s global banking and markets division has recruited nine senior executives in its Asia Pacific equities and prime services units. The senior appointments have been made in response to client demands for a highly rated counterparty with a strong market presence.
HSBC has appointed three new senior executives to the banks Asia Pacific, Prime Services team.
Jean-Paul Linschoten joins the bank as a director in prime services sales. The Hong-Kong based role sees Linschoten reporting to Matt Kiraly, head of prime services sales for Asia Pacific. Linschoten, previously based at UBS in New York, was responsible for global delta one marketing, structuring and business development.
David Streatfield has been appointed as a director in equity finance delta one sales, based in Hong Kong. Streatfield was formerly a director in delta one, synthetics, swaps and stock lending sales at Deutsche bank in London.
Adrian Harrison will be joining HSBC as a director in prime services sales, based in Hong Kong. Harrsion was previously head of investor relations at Keywise Capital Management also located in Hong Kong.
The banks prime services unit has also made an extra appointment in the US, supporting Americas-based clients active in international equity markets.
Finally Ted Langworthy joins as director in equity finance delta one sales. Langworthy will be based in New York, reporting to Warren McCornick, head of equity finance and delta one for the Americas. Langworthy previously worked as head of non-US equity financing at deutsche bank securities in New York.
In equities, the Asia Pacific team sees the appointment of five new senior executives.
Tim Franks has become head of hedge funds sales. Based in Hong Kong, Franks will be reporting to Brad Schwartz, head of equity sales, Hong Kong. Franks was formerly a managing director and head of hedge fund sales at Bank of China International.
Jeffrey Tan has been appointed as a director in equity sales, based in Hong Kong, also reporting to Brad Schwartz. Tan joins HSBC from Nomura International in Hong Kong, where he worked as an executive director in Hong Kong and China sales.
Eric Ang joins as director in equity sales trading, also based in Hong Kong. In his new role Ang will be reporting to Jefferson Saunders, head of sales trading and customised execution services for Asia Pacific. Ang previously worked at Samsung Íø±¬³Ô¹Ï, where he covered Hong Kong and China equity trading, as well as regional markets.
Russell Jacobsen has been recruited as director of equity sales trading. He will be based in Hong Kong, also reporting to Jefferson Saunders. Jacobsen joins from Samsung Íø±¬³Ô¹Ï where he was head of regional sales trading and execution.
Finally, Edward Yen has been appointed as a director in Taiwan equity sales, based in Taipei. Yen was previously an equity analyst, covering the upstream technology sector at Goldman Sachs, also based in Taipei.
Commenting on the new appointments, Rakesh Patel, head of equity sales and sales trading, Asia Pacific, said:
“These new appointments demonstrate HSBC’s determination to continue building its Equities franchise. The Bank’s willingness to invest in this business under difficult market conditions reinforces the importance we attach to enhancing our offering to Equities and Prime Services clients. At the same time, our ability to attract leading talent speaks volumes about the continued improvement of HSBC’s competitive position in this market, as well as about our strength and stability.â€
HSBC has appointed three new senior executives to the banks Asia Pacific, Prime Services team.
Jean-Paul Linschoten joins the bank as a director in prime services sales. The Hong-Kong based role sees Linschoten reporting to Matt Kiraly, head of prime services sales for Asia Pacific. Linschoten, previously based at UBS in New York, was responsible for global delta one marketing, structuring and business development.
David Streatfield has been appointed as a director in equity finance delta one sales, based in Hong Kong. Streatfield was formerly a director in delta one, synthetics, swaps and stock lending sales at Deutsche bank in London.
Adrian Harrison will be joining HSBC as a director in prime services sales, based in Hong Kong. Harrsion was previously head of investor relations at Keywise Capital Management also located in Hong Kong.
The banks prime services unit has also made an extra appointment in the US, supporting Americas-based clients active in international equity markets.
Finally Ted Langworthy joins as director in equity finance delta one sales. Langworthy will be based in New York, reporting to Warren McCornick, head of equity finance and delta one for the Americas. Langworthy previously worked as head of non-US equity financing at deutsche bank securities in New York.
In equities, the Asia Pacific team sees the appointment of five new senior executives.
Tim Franks has become head of hedge funds sales. Based in Hong Kong, Franks will be reporting to Brad Schwartz, head of equity sales, Hong Kong. Franks was formerly a managing director and head of hedge fund sales at Bank of China International.
Jeffrey Tan has been appointed as a director in equity sales, based in Hong Kong, also reporting to Brad Schwartz. Tan joins HSBC from Nomura International in Hong Kong, where he worked as an executive director in Hong Kong and China sales.
Eric Ang joins as director in equity sales trading, also based in Hong Kong. In his new role Ang will be reporting to Jefferson Saunders, head of sales trading and customised execution services for Asia Pacific. Ang previously worked at Samsung Íø±¬³Ô¹Ï, where he covered Hong Kong and China equity trading, as well as regional markets.
Russell Jacobsen has been recruited as director of equity sales trading. He will be based in Hong Kong, also reporting to Jefferson Saunders. Jacobsen joins from Samsung Íø±¬³Ô¹Ï where he was head of regional sales trading and execution.
Finally, Edward Yen has been appointed as a director in Taiwan equity sales, based in Taipei. Yen was previously an equity analyst, covering the upstream technology sector at Goldman Sachs, also based in Taipei.
Commenting on the new appointments, Rakesh Patel, head of equity sales and sales trading, Asia Pacific, said:
“These new appointments demonstrate HSBC’s determination to continue building its Equities franchise. The Bank’s willingness to invest in this business under difficult market conditions reinforces the importance we attach to enhancing our offering to Equities and Prime Services clients. At the same time, our ability to attract leading talent speaks volumes about the continued improvement of HSBC’s competitive position in this market, as well as about our strength and stability.â€
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