HSBC loses senior traders in New York as exodus continues

The Straits Times2021-05-12

NEW YORK (BLOOMBERG) - A swathe of senior traders have left HSBC Holdings' US business in recent months as the bank restructures its operations in New York and around the world.Head of credit trading ...

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iShallProspr
2021-05-12
iShallProspr
Pity. One’s loss is another’s gain
- eda:
  true. kindly reply.

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Leon McIntyre has assumed Mr O'Leary's role in addition to his role of global head of program trading, a person said.HSBC's global markets revenue rose by 27 per cent in 2020 as traders took advantage of the pandemic-induced volatility and increased client activity, yet the bonus pool for global banking and markets was down about 15 per cent, according to the company's annual report. The equities business, by comparison, increased revenue by 2 per cent in 2020.HSBC is in the process of restructuring its worldwide operations as it pivots its focus to Asia. 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One’s loss is another’s gain","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/193611774","repostId":2134693132,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4298793,"gmtCreate":1620784508441,"gmtModify":1680788248183,"authorId":3569214676869217,"author":{"id":3569214676869217,"authorId":3569214676869217,"name":"eda","avatar":"https://static.tigerbbs.com/909b8dea6c74db6f7d3a6a65052e290a","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":193611774,"type":1,"supId":0,"prevId":0,"content":"true. kindly reply.","text":"true. kindly reply.","html":"true. kindly reply."}],"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":26,"commentSize":1,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.28.3","shortVersion":"4.28.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2134693132"}