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HSBC hires commodities chief

HSBC has brought in Matthew Wallace as global head of the resources and energy group within its global banking unit. Wallace arrives from Credit Suisse, where he was co-head of the Swiss bank's energy, resources and industrial group in Asia Pacific. He starts work in September, and will be based in Hong Kong, reporting to Robin Phillips and Kevin Adeson, co-heads of global banking and locally to Anita Fung, head of global banking and markets for Asia Pacific.

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