Trading places

HSBC names A-P global markets heads

Paul Hand and Anita Fung, HSBC’s head of sales and head of trading respectively in the bank’s treasury and capital markets team in Hong Kong, have been appointed co-heads of global markets, Asia-Pacific.

Their promotion follows the move of the bank’s current head of treasury and capital markets for Asia-Pacific, Mike Powell, to London, where he will become head of global markets, Europe, and treasurer of HSBC Bank. The appointments are effective from July.