HSBC hires Sarah Wiggins in UK investment banking

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The HSBC bank logo is seen in the Canary Wharf financial district in London, Britain on March 3, 2016. REUTERS / Reinhard Krause / File Photo

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LONDON, Oct. 27 (Reuters) – HSBC (HSBA.L) has appointed Sarah Wiggins vice president of global banking services in London, according to an internal memo seen by Reuters on Wednesday.

Wiggins will join the bank at the end of the first quarter of 2022 from law firm Linklaters and will be responsible for helping to develop HSBC’s investment banking business in its UK home market, according to the note.

The move is the latest in a series of senior appointments by the bank’s co-head of banking and global markets, Greg Guyett, as he attempts to improve HSBC’s ties with chief executives. company and its performance in terms of investment banking.

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HSBC appointed senior bankers Philip Lee and Vikas Seth vice-presidents of the world bank last fall, based in Singapore and London respectively.

The U.K. bank reported strong third-quarter results on Monday, but saw its investment banking income fall this year due to its preference for debt markets, at a time when shares of competitors and companies merger-oriented have flourished. Read more

A spokesperson for the bank confirmed the contents of the note.

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Reporting by Lawrence White Editing by Iain Withers and Mark Potter

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