It's all change at HSBC in Asia. The UK bank's larger-than-life head of Asia-Pacific banking, Russell Julius, is moving to Europe, while Jason Rynbeck, formerly of Barclays, is its new regional head of mergers and acquisitions.
According to a person familiar with the matter, Julius is moving to HSBC's London headquarters to set up a team offering investment-banking services to commercial banking corporate clients. His role in Asia will be divided between two people one is HSBC’s current head of banking for Hong Kong, China and Taiwan, Liu Che-Ning, but the identity of Liu’s co-head is not yet publicly known.
Julius’...