HSBC Co-Head of Advisory and Investment Banking Exits

HSBC’s co-head of advisory and investment banking coves has left the bank to pursue a senior role outside of the industry after joining two years ago. 

Peter Enns has left HSBC, according to an «SCMP» report citing an internal memo, after relocating to Asia from London last year where he was last the global head of financial institutions group for the bank.

Prior to joining HSBC, Enns spent 21 years with Goldman Sachs in various roles including as the head of its Canada business.

«[Enns] leaves both business areas in stronger franchise positions, with improved financial performance,» said Greg Guyett, co-CEO of global banking and markets in the memo. «I would like to thank Peter for his contributions to HSBC.»

Replacement Search

According to the bank, a search will be launched to replace Enns whose responsibilities in the meantime will be assumed by Adam Bashaw, the other global co-head of advisory and investment banking coverage.

Separately, the bank is also strengthening its Asia business with the relocation of its global head of fixed income research Steven Major from London to Hong Kong.