HSBC’s Head of Corporates for Commercial Banking in H.K. Resigns

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HSBC’s Head of Corporates for Commercial Banking in H.K. Resigns

Bloomberg2021-05-21

HSBC veteran banker Wallace Lam likely to join rival bank Bank fighting to retain staff after cutting variable pay 20% Wallace Lam, head of corporates, commercial banking Hong Kong at HSBC Holdings ...

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Penholder
·2021-05-21
Hi[Smile]
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DarrylWong
·2021-05-21
please help reply to this
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- dt1234567:
  ok
  2021-05-22
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- Penholder:
  Pls reply ty!
  2021-05-21
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deadcow
·2021-05-21
nice
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OverFlow
·2021-05-21
?
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kaiseng
·2021-05-21
very nice
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vick89
·2021-05-21
The bank has said it expects to reduce its workforce by about 35,000.
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The people asked not to be named discussing an internal matter.\nEurope’s largest lender is pivoting to Asia and said in February it would spend more than $6 billion over the next five years to expand its Asian operations, in particular its wealth management arm. It’s also fighting to retain staff after it cut variable pay by about 20% last year.\nLam was previously co-head of global banking for Hong Kong and was with the bank for more than 10 years, according to his LinkedIn profile. He was also head of high yield capital markets and commercial banking debt origination for Asia at HSBC. The London-based bank earlier this year appointed Frank Fang head of commercial banking for Hong Kong, succeeding Terence Chiu, who retired.\nHSBC is trying to keep a lid on costs as part of its response to the pandemic. 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It’s also fighting to retain staff after it cut variable pay by about&nbsp;20%&nbsp;last year.</p>\n<p>Lam was previously co-head of global banking for Hong Kong and was with the bank for more than 10 years, according to his LinkedIn profile. He was also head of high yield capital markets and commercial banking debt origination for Asia at HSBC. The London-based bank earlier this year appointed Frank Fang head of commercial banking for Hong Kong, succeeding Terence Chiu, who retired.</p>\n<p>HSBC is trying to keep a lid on costs as part of its response to the pandemic. The bank has said it expects to reduce its workforce by about 35,000.</p>\n<p>A spokesman for HSBC declined to comment.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>HSBC’s Head of Corporates for Commercial Banking in H.K. 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Resigns\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-21 15:58 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-05-21/hsbc-s-head-of-corporates-for-commercial-banking-in-h-k-resigns?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>HSBC veteran banker Wallace Lam likely to join rival bank\nBank fighting to retain staff after cutting variable pay 20%\n\nWallace Lam, head of corporates, commercial banking Hong Kong at HSBC Holdings ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-05-21/hsbc-s-head-of-corporates-for-commercial-banking-in-h-k-resigns?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HSBC":"汇丰","00005":"汇丰控股"},"source_url":"https://www.bloomberg.com/news/articles/2021-05-21/hsbc-s-head-of-corporates-for-commercial-banking-in-h-k-resigns?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103156211","content_text":"HSBC veteran banker Wallace Lam likely to join rival bank\nBank fighting to retain staff after cutting variable pay 20%\n\nWallace Lam, head of corporates, commercial banking Hong Kong at HSBC Holdings Plc, is leaving the lender, according to people familiar with the matter.\nLam resigned last week and is currently on gardening leave and will likely be joining a competing bank in Hong Kong, one of the people said. The people asked not to be named discussing an internal matter.\nEurope’s largest lender is pivoting to Asia and said in February it would spend more than $6 billion over the next five years to expand its Asian operations, in particular its wealth management arm. It’s also fighting to retain staff after it cut variable pay by about 20% last year.\nLam was previously co-head of global banking for Hong Kong and was with the bank for more than 10 years, according to his LinkedIn profile. He was also head of high yield capital markets and commercial banking debt origination for Asia at HSBC. The London-based bank earlier this year appointed Frank Fang head of commercial banking for Hong Kong, succeeding Terence Chiu, who retired.\nHSBC is trying to keep a lid on costs as part of its response to the pandemic. The bank has said it expects to reduce its workforce by about 35,000.\nA spokesman for HSBC declined to comment.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":139924583,"gmtCreate":1621586134242,"gmtModify":1704360098204,"author":{"id":"3580190462625568","authorId":"3580190462625568","name":"DarrylWong","avatar":"https://static.tigerbbs.com/8e4b82d595be883bcd8e099845c3f407","vip":1,"crmLevel":3,"crmLevelSwitch":0,"authorIdStr":"3580190462625568","idStr":"3580190462625568"},"htmlText":"please help reply to this","listText":"please help reply to this","text":"please help reply to this","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/139924583","repostId":1103156211,"repostType":4,"repost":{"id":"1103156211","pubTimestamp":1621583922,"share":"https://ttm.financial/m/news/1103156211?lang=&edition=fundamental","pubTime":"2021-05-21 15:58","market":"us","language":"en","title":"HSBC’s Head of Corporates for Commercial Banking in H.K. Resigns","url":"https://stock-news.laohu8.com/highlight/detail?id=1103156211","media":"Bloomberg","summary":"HSBC veteran banker Wallace Lam likely to join rival bank\nBank fighting to retain staff after cuttin","content":"<ul>\n <li>HSBC veteran banker Wallace Lam likely to join rival bank</li>\n <li>Bank fighting to retain staff after cutting variable pay 20%</li>\n</ul>\n<p>Wallace Lam, head of corporates, commercial banking Hong Kong at HSBC Holdings Plc, is leaving the lender, according to people familiar with the matter.</p>\n<p>Lam resigned last week and is currently on gardening leave and will likely be joining a competing bank in Hong Kong, one of the people said. The people asked not to be named discussing an internal matter.</p>\n<p>Europe’s largest lender is pivoting to Asia and&nbsp;said&nbsp;in February it would spend more than $6 billion over the next five years to expand its Asian operations, in particular its wealth management arm. It’s also fighting to retain staff after it cut variable pay by about&nbsp;20%&nbsp;last year.</p>\n<p>Lam was previously co-head of global banking for Hong Kong and was with the bank for more than 10 years, according to his LinkedIn profile. He was also head of high yield capital markets and commercial banking debt origination for Asia at HSBC. The London-based bank earlier this year appointed Frank Fang head of commercial banking for Hong Kong, succeeding Terence Chiu, who retired.</p>\n<p>HSBC is trying to keep a lid on costs as part of its response to the pandemic. The bank has said it expects to reduce its workforce by about 35,000.</p>\n<p>A spokesman for HSBC declined to comment.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>HSBC’s Head of Corporates for Commercial Banking in H.K. Resigns</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHSBC’s Head of Corporates for Commercial Banking in H.K. Resigns\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-21 15:58 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-05-21/hsbc-s-head-of-corporates-for-commercial-banking-in-h-k-resigns?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>HSBC veteran banker Wallace Lam likely to join rival bank\nBank fighting to retain staff after cutting variable pay 20%\n\nWallace Lam, head of corporates, commercial banking Hong Kong at HSBC Holdings ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-05-21/hsbc-s-head-of-corporates-for-commercial-banking-in-h-k-resigns?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HSBC":"汇丰","00005":"汇丰控股"},"source_url":"https://www.bloomberg.com/news/articles/2021-05-21/hsbc-s-head-of-corporates-for-commercial-banking-in-h-k-resigns?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103156211","content_text":"HSBC veteran banker Wallace Lam likely to join rival bank\nBank fighting to retain staff after cutting variable pay 20%\n\nWallace Lam, head of corporates, commercial banking Hong Kong at HSBC Holdings Plc, is leaving the lender, according to people familiar with the matter.\nLam resigned last week and is currently on gardening leave and will likely be joining a competing bank in Hong Kong, one of the people said. The people asked not to be named discussing an internal matter.\nEurope’s largest lender is pivoting to Asia and said in February it would spend more than $6 billion over the next five years to expand its Asian operations, in particular its wealth management arm. It’s also fighting to retain staff after it cut variable pay by about 20% last year.\nLam was previously co-head of global banking for Hong Kong and was with the bank for more than 10 years, according to his LinkedIn profile. He was also head of high yield capital markets and commercial banking debt origination for Asia at HSBC. The London-based bank earlier this year appointed Frank Fang head of commercial banking for Hong Kong, succeeding Terence Chiu, who retired.\nHSBC is trying to keep a lid on costs as part of its response to the pandemic. The bank has said it expects to reduce its workforce by about 35,000.\nA spokesman for HSBC declined to comment.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4407827,"gmtCreate":1621645484384,"gmtModify":1680790216497,"authorId":3573164150149538,"author":{"id":3573164150149538,"idStr":"3573164150149538","authorId":3573164150149538,"name":"dt1234567","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":139924583,"type":1,"supId":0,"prevId":0,"content":"ok","text":"ok","html":"ok"},{"id":4401260,"gmtCreate":1621586626506,"gmtModify":1680790104722,"authorId":3579250887819322,"author":{"id":3579250887819322,"idStr":"3579250887819322","authorId":3579250887819322,"name":"Penholder","avatar":"https://static.tigerbbs.com/9ffe0aaee2dd78924704d35fd614749b","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.12.15","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":139924583,"type":1,"supId":0,"prevId":0,"content":"Pls reply ty!","text":"Pls reply ty!","html":"Pls reply ty!"}],"langContent":"EN"},{"id":139969304,"gmtCreate":1621584802508,"gmtModify":1704360073705,"author":{"id":"3579085067033099","authorId":"3579085067033099","name":"deadcow","avatar":"https://static.tigerbbs.com/b73e551a33ab83c745d06a9d890b1f93","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3579085067033099","idStr":"3579085067033099"},"htmlText":"nice","listText":"nice","text":"nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/139969304","repostId":1103156211,"repostType":4,"repost":{"id":"1103156211","pubTimestamp":1621583922,"share":"https://ttm.financial/m/news/1103156211?lang=&edition=fundamental","pubTime":"2021-05-21 15:58","market":"us","language":"en","title":"HSBC’s Head of Corporates for Commercial Banking in H.K. Resigns","url":"https://stock-news.laohu8.com/highlight/detail?id=1103156211","media":"Bloomberg","summary":"HSBC veteran banker Wallace Lam likely to join rival bank\nBank fighting to retain staff after cuttin","content":"<ul>\n <li>HSBC veteran banker Wallace Lam likely to join rival bank</li>\n <li>Bank fighting to retain staff after cutting variable pay 20%</li>\n</ul>\n<p>Wallace Lam, head of corporates, commercial banking Hong Kong at HSBC Holdings Plc, is leaving the lender, according to people familiar with the matter.</p>\n<p>Lam resigned last week and is currently on gardening leave and will likely be joining a competing bank in Hong Kong, one of the people said. The people asked not to be named discussing an internal matter.</p>\n<p>Europe’s largest lender is pivoting to Asia and&nbsp;said&nbsp;in February it would spend more than $6 billion over the next five years to expand its Asian operations, in particular its wealth management arm. It’s also fighting to retain staff after it cut variable pay by about&nbsp;20%&nbsp;last year.</p>\n<p>Lam was previously co-head of global banking for Hong Kong and was with the bank for more than 10 years, according to his LinkedIn profile. He was also head of high yield capital markets and commercial banking debt origination for Asia at HSBC. The London-based bank earlier this year appointed Frank Fang head of commercial banking for Hong Kong, succeeding Terence Chiu, who retired.</p>\n<p>HSBC is trying to keep a lid on costs as part of its response to the pandemic. The bank has said it expects to reduce its workforce by about 35,000.</p>\n<p>A spokesman for HSBC declined to comment.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>HSBC’s Head of Corporates for Commercial Banking in H.K. Resigns</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHSBC’s Head of Corporates for Commercial Banking in H.K. Resigns\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-21 15:58 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-05-21/hsbc-s-head-of-corporates-for-commercial-banking-in-h-k-resigns?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>HSBC veteran banker Wallace Lam likely to join rival bank\nBank fighting to retain staff after cutting variable pay 20%\n\nWallace Lam, head of corporates, commercial banking Hong Kong at HSBC Holdings ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-05-21/hsbc-s-head-of-corporates-for-commercial-banking-in-h-k-resigns?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HSBC":"汇丰","00005":"汇丰控股"},"source_url":"https://www.bloomberg.com/news/articles/2021-05-21/hsbc-s-head-of-corporates-for-commercial-banking-in-h-k-resigns?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103156211","content_text":"HSBC veteran banker Wallace Lam likely to join rival bank\nBank fighting to retain staff after cutting variable pay 20%\n\nWallace Lam, head of corporates, commercial banking Hong Kong at HSBC Holdings Plc, is leaving the lender, according to people familiar with the matter.\nLam resigned last week and is currently on gardening leave and will likely be joining a competing bank in Hong Kong, one of the people said. The people asked not to be named discussing an internal matter.\nEurope’s largest lender is pivoting to Asia and said in February it would spend more than $6 billion over the next five years to expand its Asian operations, in particular its wealth management arm. It’s also fighting to retain staff after it cut variable pay by about 20% last year.\nLam was previously co-head of global banking for Hong Kong and was with the bank for more than 10 years, according to his LinkedIn profile. He was also head of high yield capital markets and commercial banking debt origination for Asia at HSBC. The London-based bank earlier this year appointed Frank Fang head of commercial banking for Hong Kong, succeeding Terence Chiu, who retired.\nHSBC is trying to keep a lid on costs as part of its response to the pandemic. The bank has said it expects to reduce its workforce by about 35,000.\nA spokesman for HSBC declined to comment.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":139986714,"gmtCreate":1621584516738,"gmtModify":1704360065882,"author":{"id":"3584597326027134","authorId":"3584597326027134","name":"OverFlow","avatar":"https://community-static.tradeup.com/news/cd31b52bbde37c3287fb517e8edb1037","vip":1,"hat":"https://static.tigerbbs.com/50a4c8d97279fa9f8f1fa9749a6bdff4","crmLevel":6,"crmLevelSwitch":0,"authorIdStr":"3584597326027134","idStr":"3584597326027134"},"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/139986714","repostId":1103156211,"repostType":4,"repost":{"id":"1103156211","pubTimestamp":1621583922,"share":"https://ttm.financial/m/news/1103156211?lang=&edition=fundamental","pubTime":"2021-05-21 15:58","market":"us","language":"en","title":"HSBC’s Head of Corporates for Commercial Banking in H.K. Resigns","url":"https://stock-news.laohu8.com/highlight/detail?id=1103156211","media":"Bloomberg","summary":"HSBC veteran banker Wallace Lam likely to join rival bank\nBank fighting to retain staff after cuttin","content":"<ul>\n <li>HSBC veteran banker Wallace Lam likely to join rival bank</li>\n <li>Bank fighting to retain staff after cutting variable pay 20%</li>\n</ul>\n<p>Wallace Lam, head of corporates, commercial banking Hong Kong at HSBC Holdings Plc, is leaving the lender, according to people familiar with the matter.</p>\n<p>Lam resigned last week and is currently on gardening leave and will likely be joining a competing bank in Hong Kong, one of the people said. The people asked not to be named discussing an internal matter.</p>\n<p>Europe’s largest lender is pivoting to Asia and&nbsp;said&nbsp;in February it would spend more than $6 billion over the next five years to expand its Asian operations, in particular its wealth management arm. It’s also fighting to retain staff after it cut variable pay by about&nbsp;20%&nbsp;last year.</p>\n<p>Lam was previously co-head of global banking for Hong Kong and was with the bank for more than 10 years, according to his LinkedIn profile. He was also head of high yield capital markets and commercial banking debt origination for Asia at HSBC. The London-based bank earlier this year appointed Frank Fang head of commercial banking for Hong Kong, succeeding Terence Chiu, who retired.</p>\n<p>HSBC is trying to keep a lid on costs as part of its response to the pandemic. The bank has said it expects to reduce its workforce by about 35,000.</p>\n<p>A spokesman for HSBC declined to comment.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>HSBC’s Head of Corporates for Commercial Banking in H.K. Resigns</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHSBC’s Head of Corporates for Commercial Banking in H.K. Resigns\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-21 15:58 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-05-21/hsbc-s-head-of-corporates-for-commercial-banking-in-h-k-resigns?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>HSBC veteran banker Wallace Lam likely to join rival bank\nBank fighting to retain staff after cutting variable pay 20%\n\nWallace Lam, head of corporates, commercial banking Hong Kong at HSBC Holdings ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-05-21/hsbc-s-head-of-corporates-for-commercial-banking-in-h-k-resigns?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HSBC":"汇丰","00005":"汇丰控股"},"source_url":"https://www.bloomberg.com/news/articles/2021-05-21/hsbc-s-head-of-corporates-for-commercial-banking-in-h-k-resigns?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103156211","content_text":"HSBC veteran banker Wallace Lam likely to join rival bank\nBank fighting to retain staff after cutting variable pay 20%\n\nWallace Lam, head of corporates, commercial banking Hong Kong at HSBC Holdings Plc, is leaving the lender, according to people familiar with the matter.\nLam resigned last week and is currently on gardening leave and will likely be joining a competing bank in Hong Kong, one of the people said. The people asked not to be named discussing an internal matter.\nEurope’s largest lender is pivoting to Asia and said in February it would spend more than $6 billion over the next five years to expand its Asian operations, in particular its wealth management arm. It’s also fighting to retain staff after it cut variable pay by about 20% last year.\nLam was previously co-head of global banking for Hong Kong and was with the bank for more than 10 years, according to his LinkedIn profile. He was also head of high yield capital markets and commercial banking debt origination for Asia at HSBC. The London-based bank earlier this year appointed Frank Fang head of commercial banking for Hong Kong, succeeding Terence Chiu, who retired.\nHSBC is trying to keep a lid on costs as part of its response to the pandemic. The bank has said it expects to reduce its workforce by about 35,000.\nA spokesman for HSBC declined to comment.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":139983488,"gmtCreate":1621584401744,"gmtModify":1704360060841,"author":{"id":"3583310404291312","authorId":"3583310404291312","name":"kaiseng","avatar":"https://static.tigerbbs.com/a64aa6bbb721abc7746de3162e05cedf","vip":1,"crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3583310404291312","idStr":"3583310404291312"},"htmlText":"very nice","listText":"very nice","text":"very nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/139983488","repostId":1103156211,"repostType":4,"repost":{"id":"1103156211","pubTimestamp":1621583922,"share":"https://ttm.financial/m/news/1103156211?lang=&edition=fundamental","pubTime":"2021-05-21 15:58","market":"us","language":"en","title":"HSBC’s Head of Corporates for Commercial Banking in H.K. Resigns","url":"https://stock-news.laohu8.com/highlight/detail?id=1103156211","media":"Bloomberg","summary":"HSBC veteran banker Wallace Lam likely to join rival bank\nBank fighting to retain staff after cuttin","content":"<ul>\n <li>HSBC veteran banker Wallace Lam likely to join rival bank</li>\n <li>Bank fighting to retain staff after cutting variable pay 20%</li>\n</ul>\n<p>Wallace Lam, head of corporates, commercial banking Hong Kong at HSBC Holdings Plc, is leaving the lender, according to people familiar with the matter.</p>\n<p>Lam resigned last week and is currently on gardening leave and will likely be joining a competing bank in Hong Kong, one of the people said. The people asked not to be named discussing an internal matter.</p>\n<p>Europe’s largest lender is pivoting to Asia and&nbsp;said&nbsp;in February it would spend more than $6 billion over the next five years to expand its Asian operations, in particular its wealth management arm. It’s also fighting to retain staff after it cut variable pay by about&nbsp;20%&nbsp;last year.</p>\n<p>Lam was previously co-head of global banking for Hong Kong and was with the bank for more than 10 years, according to his LinkedIn profile. He was also head of high yield capital markets and commercial banking debt origination for Asia at HSBC. The London-based bank earlier this year appointed Frank Fang head of commercial banking for Hong Kong, succeeding Terence Chiu, who retired.</p>\n<p>HSBC is trying to keep a lid on costs as part of its response to the pandemic. The bank has said it expects to reduce its workforce by about 35,000.</p>\n<p>A spokesman for HSBC declined to comment.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>HSBC’s Head of Corporates for Commercial Banking in H.K. Resigns</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHSBC’s Head of Corporates for Commercial Banking in H.K. Resigns\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-21 15:58 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-05-21/hsbc-s-head-of-corporates-for-commercial-banking-in-h-k-resigns?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>HSBC veteran banker Wallace Lam likely to join rival bank\nBank fighting to retain staff after cutting variable pay 20%\n\nWallace Lam, head of corporates, commercial banking Hong Kong at HSBC Holdings ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-05-21/hsbc-s-head-of-corporates-for-commercial-banking-in-h-k-resigns?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HSBC":"汇丰","00005":"汇丰控股"},"source_url":"https://www.bloomberg.com/news/articles/2021-05-21/hsbc-s-head-of-corporates-for-commercial-banking-in-h-k-resigns?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103156211","content_text":"HSBC veteran banker Wallace Lam likely to join rival bank\nBank fighting to retain staff after cutting variable pay 20%\n\nWallace Lam, head of corporates, commercial banking Hong Kong at HSBC Holdings Plc, is leaving the lender, according to people familiar with the matter.\nLam resigned last week and is currently on gardening leave and will likely be joining a competing bank in Hong Kong, one of the people said. The people asked not to be named discussing an internal matter.\nEurope’s largest lender is pivoting to Asia and said in February it would spend more than $6 billion over the next five years to expand its Asian operations, in particular its wealth management arm. It’s also fighting to retain staff after it cut variable pay by about 20% last year.\nLam was previously co-head of global banking for Hong Kong and was with the bank for more than 10 years, according to his LinkedIn profile. He was also head of high yield capital markets and commercial banking debt origination for Asia at HSBC. The London-based bank earlier this year appointed Frank Fang head of commercial banking for Hong Kong, succeeding Terence Chiu, who retired.\nHSBC is trying to keep a lid on costs as part of its response to the pandemic. The bank has said it expects to reduce its workforce by about 35,000.\nA spokesman for HSBC declined to comment.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":139983165,"gmtCreate":1621584330557,"gmtModify":1704360060344,"author":{"id":"3577584327040448","authorId":"3577584327040448","name":"vick89","avatar":"https://static.tigerbbs.com/20cb15020a8e226c1b7f0954dbb8bdb2","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3577584327040448","idStr":"3577584327040448"},"htmlText":"The bank has said it expects to reduce its workforce by about 35,000.&nbsp;","listText":"The bank has said it expects to reduce its workforce by about 35,000.&nbsp;","text":"The bank has said it expects to reduce its workforce by about 35,000.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/139983165","repostId":1103156211,"repostType":4,"repost":{"id":"1103156211","pubTimestamp":1621583922,"share":"https://ttm.financial/m/news/1103156211?lang=&edition=fundamental","pubTime":"2021-05-21 15:58","market":"us","language":"en","title":"HSBC’s Head of Corporates for Commercial Banking in H.K. Resigns","url":"https://stock-news.laohu8.com/highlight/detail?id=1103156211","media":"Bloomberg","summary":"HSBC veteran banker Wallace Lam likely to join rival bank\nBank fighting to retain staff after cuttin","content":"<ul>\n <li>HSBC veteran banker Wallace Lam likely to join rival bank</li>\n <li>Bank fighting to retain staff after cutting variable pay 20%</li>\n</ul>\n<p>Wallace Lam, head of corporates, commercial banking Hong Kong at HSBC Holdings Plc, is leaving the lender, according to people familiar with the matter.</p>\n<p>Lam resigned last week and is currently on gardening leave and will likely be joining a competing bank in Hong Kong, one of the people said. The people asked not to be named discussing an internal matter.</p>\n<p>Europe’s largest lender is pivoting to Asia and&nbsp;said&nbsp;in February it would spend more than $6 billion over the next five years to expand its Asian operations, in particular its wealth management arm. It’s also fighting to retain staff after it cut variable pay by about&nbsp;20%&nbsp;last year.</p>\n<p>Lam was previously co-head of global banking for Hong Kong and was with the bank for more than 10 years, according to his LinkedIn profile. He was also head of high yield capital markets and commercial banking debt origination for Asia at HSBC. The London-based bank earlier this year appointed Frank Fang head of commercial banking for Hong Kong, succeeding Terence Chiu, who retired.</p>\n<p>HSBC is trying to keep a lid on costs as part of its response to the pandemic. The bank has said it expects to reduce its workforce by about 35,000.</p>\n<p>A spokesman for HSBC declined to comment.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>HSBC’s Head of Corporates for Commercial Banking in H.K. 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Resigns\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-21 15:58 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-05-21/hsbc-s-head-of-corporates-for-commercial-banking-in-h-k-resigns?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>HSBC veteran banker Wallace Lam likely to join rival bank\nBank fighting to retain staff after cutting variable pay 20%\n\nWallace Lam, head of corporates, commercial banking Hong Kong at HSBC Holdings ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-05-21/hsbc-s-head-of-corporates-for-commercial-banking-in-h-k-resigns?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HSBC":"汇丰","00005":"汇丰控股"},"source_url":"https://www.bloomberg.com/news/articles/2021-05-21/hsbc-s-head-of-corporates-for-commercial-banking-in-h-k-resigns?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103156211","content_text":"HSBC veteran banker Wallace Lam likely to join rival bank\nBank fighting to retain staff after cutting variable pay 20%\n\nWallace Lam, head of corporates, commercial banking Hong Kong at HSBC Holdings Plc, is leaving the lender, according to people familiar with the matter.\nLam resigned last week and is currently on gardening leave and will likely be joining a competing bank in Hong Kong, one of the people said. The people asked not to be named discussing an internal matter.\nEurope’s largest lender is pivoting to Asia and said in February it would spend more than $6 billion over the next five years to expand its Asian operations, in particular its wealth management arm. It’s also fighting to retain staff after it cut variable pay by about 20% last year.\nLam was previously co-head of global banking for Hong Kong and was with the bank for more than 10 years, according to his LinkedIn profile. He was also head of high yield capital markets and commercial banking debt origination for Asia at HSBC. The London-based bank earlier this year appointed Frank Fang head of commercial banking for Hong Kong, succeeding Terence Chiu, who retired.\nHSBC is trying to keep a lid on costs as part of its response to the pandemic. The bank has said it expects to reduce its workforce by about 35,000.\nA spokesman for HSBC declined to comment.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":23,"commentSize":6,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}