The Barclays boys taking jobs at HSBC
HSBC is emerging as one of this year's bigger hirers. But it's not just Silicon Valley Bank investment bankers that it's adding: ex-Barclays people are moving across too.
In Asia, where HSBC has some new people in charge, it's just hired Anshu Sharma from Barclays as a senior client coverage professional.
In London, it's hired Damien Le Ret. He joins as head of cross currency and discounting having previously been a cross currency trader at VP level for Barclays.
Sharma spent 12 years at Barclays. Le Ret was there for nearly three years.
HSBC is supposed to be cutting $1.7bn of additional costs this year, but appears to have decided that opportunistic hiring is also a good idea.
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