HSBC plan to transfer structured products to Asia starts in France; former Natixis head re-joins Silex; Qontigo (FKA Stoxx) appoints ESG investing pioneer and innovator Bocquet as head of ESG; and more.
HSBC is exploring plans to trim the headcount of its Paris-based team working on structured products, according to media reports. The bank’s decision will affect its equity and fixed-income derivatives teams in France and follows the announcement earlier this year of a reduction of its work force with 35,000 jobs at risk as it moves to reduce its sales and trading and equity research in Europe and transition its structured products capabilities from the UK to Asia . The UK bank is focusi
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