Lake swans off to HSBC

Only weeks after accepting the head of Pacific-Rim DCM position for Merrill Lynch, Spencer Lake takes on new role as HSBC head of global debt capital markets.

HSBC has appointed Spencer Lake as its new global head of debt capital markets a mere month after he had been introduced as Merrill LynchÆs head of Pacific-Rim debt capital markets. He was due to arrive in Asia this month to start his new role.

Instead Lake will be based out of London, beginning his new global role in October.

As global head, Lake will oversee HSBCÆs debt capital markets business worldwide and will manage a team of some...

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