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HSBC pulls from UBS, Natixis for APAC roles

HSBC Private Banking has announced five senior appointments, four of them external hires.

Jeffrey Yap has been appointed as regional head of fixed income, currencies and comomdities for Asia, according to a statement from the bank.

Yap is currently the bank’s regional head of fixed income and his role was expanded to include heading the foreign exchange and commodity product specialists in the region. Yap first joined last year from alternative firm Pacific Alliance Group.

Virginia Wong, who was previously head of Asia wholesale business at Aberdeen Standard Investments, has been appointed as regional head of funds and ETFs for Asia. The FSA Spy reported Wong joining HSBC Private Bank earlier this month.

Adam Lau has been appointed regional head of equities and structured products for Asia. He joined the firm from Natixis where he was head of Greater China for equity solutions sales for institutional investors.

Michael Chow has been named regional head of advisory and sales management for Asia. Chow was most recently at UBS, where he was Asia-Pacific head of sales strategy.

Yahong Wu has been appointed as ultra high net worth solutions specialist for Asia. Before joining the firm, he was at China International Capital Corporation, where he was an executive director within the firm’s investment banking division, leading structured products development and the structured financing business.

Part of the Mark Allen Group.