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New look corporate finance division has merged M&A and sponsor coverage
Private credit lender hires to build impact, capital solutions and NAV strategies
Permanent successor not appointed yet
The hire aims to strengthen the bank's middle market direct lending platform
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HSBC has appointed a new head of leveraged and acquisition finance for Asia Pacific, transferring James Horsburgh from London as part of a shake-up of the business.
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HSBC confirmed that it was sending James Horsburgh, a senior member of its EMEA leveraged finance team, to run the business in Asia, as previously reported in GlobalCapital.
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HSBC is understood to be considering transferring a banker from London to take over leveraged and acquisition finance responsibilities for Asia Pacific. This follows the departures of senior Hong Kong-based bankers from the levfin and sponsor coverage teams last month.
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A Singapore-based banker who worked on south and southeast Asian loan syndications for Sumitomo Mitsui Banking Corp has left, according to a source.
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The European Commission’s expert panel have a suggested a “common roadmap” which will require European member states to change their national laws to push capital markets union (CMU) forward, in a report published on Monday.
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Shareholders and bondholders should pressurise banks to clean up their acts on climate change, sustainable finance experts said this week.