HSBC is set to announce the hire of a senior former JP Morgan banker to co-head its global investment bank.
It is understood that the hire of Greg Guyett, who held senior roles at JP Morgan in the UK, US and Asia, will be announced in the next few days.
Guyett’s hire, first reported by Sky News, is subject to regulatory approval.
He will work alongside fellow global banking co-head Robin Phillips.
Guyett was JP Morgan's head of investment banking in the Asia Pacific region, its chief executive for Greater China and the chief executive of its global corporate bank.
According to his Linkedin he has had recent stints as executive vice president of Johnson Controls president and chief operating officer of East West Bank.
He replaces former Goldman Sachs banker Matthew Westerman who left the bank in late 2017.