HSBC?s new China hand

With the hiring of Dr Guocang Huan, HSBC has signalled its intention to get serious about investment banking in China.

The decision of Dr Guocang Huan to join HSBC was a major signal of the banks intentions vis-a-vis investment banking in China. Formerly head of Salomon Smith Barney's China business, he brought over five senior bankers to HSBC, where he is now vice chairman, Investment Banking and Markets, China. Here, he and Peter Au-Yang, co-head, Investment Banking, Asia Pacific, speak about HSBCs plans for China

Q What does Dr Huans hire mean for HSBCs investment banking business in China

Au-Yang For investment banking it is definitely a big plus. We've been strong in executing transactions. But with Dr Huan joining us that will really beef up our origination side....

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