HSBC has hired seven equity derivatives sales professionals in the last two weeks: four in private banking and three covering institutional investors. HSBC now has seven sales professionals covering equity derivatives for private banking clients.
Ian Martin, global head of equity derivatives, convertibles and equity trading in London, said the bank made the hires now because volumes grew last year. He added that it also expects the market to grow this year as part of a long-term trend for high-net-worth individuals to more actively manage their wealth.
In private banking, HSBC has hired Xavier Ducrosse, Victor Hamaush, Fredric Marino, and Philip Tyson as salesmen. They report to Kealan Doyle, global head of private banking sales for equity derivatives. The four could not be reached and Martin declined comment on where they worked prior to HSBC.
In institutional equity derivatives sales HSBC has hired Carmine Meoli, Richard Anthony Jones, and Jackline Hagenaar, taking the head count to 18. They report to Charles Tritton, head of the institutional investor derivatives sales team in London. The three hires could not be reached and Martin also declined comment on where they joined from.
