Matthew Kirkby leaves HSBC

Matthew Kirkby, head of large corporate business for commercial banking in the Asia-Pacific region, has left HSBC after the bank decided to simplify the structure of its commercial banking division, according to four people familiar with his move.

HSBC had a small global team within commercial banking, led by Noel Quinn, that was focused on helping large corporate clients and mid-market firms, with one representative in each region. But the London-headquartered bank decided in recent weeks to simplify decision-making by getting rid of the segmentation by size and maintaining just a country-focused approach, two of the sources said on Friday.