HSBC reorganises global banking and markets

The new structure makes room for Gordon French to become head of global banking and markets for Asia Pacific, as Robin Phillips heads to London.

Gordon French is set to become head of Asia-Pacific global banking and markets at HSBC, amid a restructuring that will see his predecessor, Robin Phillips, move to London to head a new client coverage group.

French was previously Asia-Pacific head of global markets and will remain based in Hong Kong. The reorganised global banking and markets structure comprises six divisions client coverage markets capital financing securities services payments and cash management and balance-sheet management.

As global head of client coverage, Phillips and his team will offer “product neutral” advice to HSBC’s global banking and markets clients, while capital products are to be integrated into the...

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