Deals
HSBC Loses Two Senior Investment Bankers Amid Talent War
- Southeast Asia head of FIG Tan to join UOB digital bank unit
- HSBC senior fintech banker Wong to join Morgan Stanley
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HSBC Holdings Plc has lost two senior investment bankers in Asia, according to people familiar with the matter, as global banks compete for financial technology talent and dealmaking slows down.
Nate Tan, a managing director, has left the British lender and will join Singapore’s United Overseas Bank Ltd. in its digital banking platform team, the people said, asking not to be identified because the matter is private. Tan was HSBC’s head of financial institutions group investment banking in Southeast Asia, and had been at HSBC since 2017 after stints at UBS Group AG and JPMorgan Chase & Co. in Singapore and Hong Kong, according to his LinkedIn profile.