Lipton reign ends at HSBC as veteran loans banker departs
Phil Lipton, a veteran banker who is a well-known figure in Asia’s syndicated loans market, has left HSBC, bringing an end to a 15-year career at the firm. Pan Yue and Rashmi Kumar report.
Lipton was HSBC’s head of loan syndications for Asia Pacific until earlier this week. The move shocked rival bankers inside and outside the loans market.
“He was a big name,” said a China chief executive at a rival bank.Ashish Sharma, former head of structured, leveraged and acquisition finance ...