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HSBC plans to add 200 dealmakers as rivals cut back

HSBC is in the ‘next growth period’ for its investment banking business, said its chief executive of global banking and markets

HSBC is ‘consistent’ about its aim of expanding in investment banking
HSBC is ‘consistent’ about its aim of expanding in investment banking Photo: Bloomberg via Getty Images

HSBC is set to add 200 dealmakers to its ranks as the UK lender presses ahead with an expansion of its investment bank even as some rivals continue to make job cuts.

The bank will look to add more investment bankers over two years as it enters its “next growth period” for the unit, Greg Guyett, HSBC’s chief executive of global banking and markets told Financial News in a wide-ranging interview.

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