HONG KONG, June 18 (Reuters) - Europe's biggest bank
HSBC ( HSBC ) appointed Christopher Chua head of mergers and
acquisitions on Wednesday, after its former global head left for
JPMorgan last month.
Chua, who was most recently the bank's Asia head of M&A,
will take up the new role immediately and continue to be based
in Hong Kong, according to a memo seen by Reuters and confirmed
by a company spokesperson.
He will lead the M&A business in "Asia and the Middle East,
an area of competitive strength where we provide significant
value to our clients", Adam Bagshaw, the bank's global head of
capital markets and advisory said in the memo.
Chua is the latest top banker to be promoted to oversee
reconfigured dealmaking business at the Asia-focused bank, which
started a global overhaul last year that left the operation more
focused on M&A and equity capital market capabilities in Asia
and the Middle East.
The bank wound down its M&A and some equities businesses in
Europe and the Americas earlier this year and its former global
M&A head Kamal Jabre's left for U.S. rival JPMorgan.
Chua, who joined HSBC ( HSBC ) in 2022 from Credit Suisse to lead its
M&A business in Asia, has more than 20 years' experience
advising international blue-chip companies on complex
cross-border M&A transactions.
Meanwhile, Vikas Seth will chair the M&A business at HSBC ( HSBC ),
in addition to his role as vice chair for corporate and
institutional banking that focuses on strategic client
engagement.