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  • HSBC has created a dedicated UK investment banking division as part of its plan to boost its market position in what it sees as one of its “home” markets.
  • Barclays has appointed Mitul Kotecha to lead its Asia Pacific FX strategy team in what is a new position for the bank. He relocates from Hong Kong to Singapore and he started his job last week.
  • Kuwait Finance House has sold a “major stake” of its ownership Qatar’s Barwa Bank.
  • Shariah compliant real estate specialist 90 North has opened an office in Chicago, Illinois as the firm looks to strengthen its presence in the US real estate market.
  • RBC Capital Markets has hired Andrew Graham and Neil Weatherall as managing directors in sterling rates trading. Graham will be head of sterling rates while Weatherall will be head of sterling inflation trading. Both will report to Alastair Hollingdale, head of European rates.
  • NewOak Advisors has hired a former commercial real estate and structured credit analyst at Standard & Poor’s as a managing director in its Credit Services group. The new hire will help NewOak build up its collateral validation, servicer oversight and other credit management functions.