HSBC finally orders new ECM head

An old Asia hand returns from London to take over the ECM reins at HSBC.

In case you hadn't noticed, HSBC has not had a head of ECM since the end of last year, when Jo Simpson left the firm. That has finally changed with the appointment today of Jonathan Orders.

Orders will return to Asia, scene of many a triumph, from London, where he has worked for BZW, CSFB and ABN AMRO. Most recently with the latter, he was managing director for origination at ABN AMRO Rothschild.

However, his last stint in Asia was during the first half of the go-go 90s with Barings, when the British firm was a dominant force in Asian equities. He was then co-head of ECM with Russell Julius, who in...

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