Trendy new structure at HSBC

The HSBC debt and loans business has been overhauled.

In the 1970s it was bellbottoms in the the 1980s it was Duran Duran and in the 1990s it was rave music. And what's the trend of our time

Well, it seems to be combining loan and bond businesses into single units. JPMorgan got the trend going last year, and now HSBC is also combining its Asian loans and bonds businesses including project finance into a new debt finance group - to be headed by Asia's most youthful and thrusting banker, Mark Bucknall.

You may ask why we didn't do this 10 years ago, says Bucknall. That's a good question. Maybe we should have.

Bucknall will run the debt finance group, while loans supremo...

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