HSBC Securities has hired Craig Martone, managing director in interest rate sales at Morgan Stanley, for a senior fixed income role in New York. Martone will head up the firm's interest rate activity in the U.S., comprising interest rate sales, agencies and swaps, according to an official familiar with the position.
The new hire represents a move by the U.K.-based firm to beef up its U.S. fixed income presence, with further hires likely, according to the official. Martone could not be reached. Joseph Petri, senior executive v.p. and treasurer, and Patrick McDonald, managing director and head of fixed income sales, did not return calls.
