Matthew Kirkby leaves HSBC

His departure as head of large corporate business for commercial banking in the Asia-Pacific region comes as HSBC seeks to simplify its commercial banking division globally.

Matthew Kirkby, head of large corporate business for commercial banking in the Asia-Pacific region, has left HSBC after the bank decided to simplify the structure of its commercial banking division, according to four people familiar with his move.

HSBC had a small global team within commercial banking, led by Noel Quinn, that was focused on helping large corporate clients and mid-market firms, with one representative in each region. But the London-headquartered bank decided in recent weeks to simplify decision-making by getting rid of the segmentation by size and maintaining just a country-focused approach, two of the sources said on Friday.

HSBC commercial...
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