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HSBC recruits leaders for debt markets in Middle East and America

HSBC recruits leaders for debt markets in Middle East and America

The article focused on HSBC Holdings' appointment of several new leaders in the Debt Markets division in the United States, Middle East, and North Africa, aimed at enhancing its ability to assist major corporations in raising funding from investors. The appointments include Mitch Van Zandt and David Schultz, who bring extensive experience from Morgan Stanley and Citigroup, as well as Ahmed Taha and Yannick Lacroix-Dirant in the MENA region and Turkey, where their roles will concentrate on implementing strategies to enable companies to access capital. This move comes as part of the bank's efforts to provide clients with greater opportunities to finance their projects and coincides with Nora Safa's departure from the region to Goldman Sachs. The bank also noted that it led bond deals totaling $47.9 billion during the year, including $37 billion in bonds issued by Amazon and €9 billion by Alphabet, with expectations that the new leadership will begin their roles later in the year.

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