HSBC Adds Nine To Asia Prime Brokerage

HSBC Holdings’ Asian prime brokerage did not take a long weekend.  The unit announced nine senior hires yesterday, including a new head of hedge fund sales in Hong Kong. The additions boost HSBC’s team in the region to roughly 40.

Headlining the new hires is Tim Franks, the new sales chief, who joined from Bank of China International, where he was also head of hedge fund sales. In addition, HSBC took on Jeffrey Tan as equity sales director and Eric Ang and Russell Jacobsen as equity sales trading directors. Jean-Paul Lischoten and Adrian Harrison were named directors of prime services sales, and David Streatfield, director of equity finance sales.

Franks, Tan, who joined from Nomura International, Ang and Jacobsen, both formerly of Samsung Securities, Linschoten, ex-UBS, and Streatfeld, late of Deutsche Bank, are all based in Hong Kong. Harrison was head of investor redemptions at Keywise Capital Management.

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