On the Move

Trading Places: HSBC hands reins to Guyett, Barclays poaches Baumann from Citi

Find out who is on the move in the City and beyond this week

Trading Places: HSBC hands reins to Guyett, Barclays poaches Baumann from Citi

It’s a new year and a new job for many in the City this week. Here’s a summary of those turning over a new leaf.

HSBC told staff that Greg Guyett will take sole charge of its investment bank for six months. His co-head Georges Elhedery is taking a sabbatical to spend time with family and "explore personal interests".

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Europe Draws Up Retaliatory Tariffs for U.S. Goods in Case No Trade Deal Is ReachedExternal link

Europe Draws Up Retaliatory Tariffs for U.S. Goods in Case No Trade Deal Is Reached