HSBC Hires Hedge Fund Forex Salesman

Aug 9 2012 | 8:52am ET

HSBC has hired Deutsche Bank's Chris Smith for a hedge fund sales post.

Smith was named head of foreign exchange sales at the bank. He will be based in London and report to Robbert Sijbrandij and Claude Goulet, co-heads of foreign exchange and commodities institutional sales for Europe, the Middle East and Africa.

The hiring follows a shake-up at HSBC, with former head of hedge fund sales Michael Spencer leaving in April and Smith's predecessor, Ben Homsy, moving to San Francisco.

Smith will begin his new job on Nov. 5.

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