HSBC's newly installed Asian ECM head, George Pavey, has made four new hires within his first week in the job. Three of the four hail from Deutsche Bank's imploding ECM team, although each is said to have been hired separately rather than been poached as a team.
The biggest hire is Alexis Adamczyk, who will become a director overseeing Hong Kong and Taiwan, as well as providing support in Korea. He will start on June 1 and be one of three directors alongside syndicate head Edmund Wong and Tom Lanners, who runs South-East Asia and India.
The second hire is Rui Nie, who will be a...