HSBC hires Morgan Stanley banker

HSBC lures veteran Morgan Stanley Indonesia banker

Oki Ramadhana jumps across to HSBC as the British bank looks to boost its Indonesia team.

Experienced Morgan Stanley investment banker Oki Ramadhana will leave Morgan Stanley after almost seven years to take up a new role with rivals HSBC, a source told FinanceAsia.

During Ramadhana’s tenure at Morgan Stanley, the US bank's MA revenues rose from $105.89 million to $214.12 million, whilst its equity underwriting business fell from $397.46 million to $81.16 million between 2014 and 2017.

Key deals during this period were Sarana Menara Nusantara’s $405 million secondary placement in May last year, and the $1.17 billion acquisition of a 19.9% stake in Bank Danamon Indonesia by Mitsubishi UFJ Financial Group in December, according to data provider...

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