wallace-quits-hsbc-to-head-ma-at-citi

Wallace quits HSBC to head M&A at Citi

Tou Chen Chang takes over as head of Asia-Pacific investment banking at HSBC.
Steven Wallace is set to join Citi as head of mergers and acquisitions for Asia-Pacific following his departure from HSBC, a source familiar with the hire said last night. The appointment isnÆt public at this moment as the bank has yet to announce it internally.

Earlier yesterday it emerged that Wallace had resigned from his job as head of investment banking for Asia-Pacific at HSBC. In a brief statement, HSBC said he will be replaced by Tou Chen Chang, who was previously head of Southeast Asian investment banking.

At Citi, Wallace will fill the position left vacant in April when Gordon Paterson moved across to Deutsche Bank to head up the MA...
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