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Report: 3 to leave HSBC's capital markets division amid i-bank cuts

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Report: 3 to leave HSBC's capital markets division amid i-bank cuts

A trio of executives in HSBC Holdings Plc's capital markets division are set to leave as part of a wider reshuffle of the business, Thomson Reuters' IFR reported Jan. 27, citing "multiple sources."

Ulrik Ross, global head of public sector and sustainable finance; Luke Oram, a director in the public sector debt business; and Nils Colldahl, a director in the financial institutions group debt capital markets division are all slated to leave, the sources said. Ross' departure is the most high-profile since that of Spencer Lake, vice chairman of global banking and markets, IFR wrote.

Ross and Colldahl joined the bank in 2007 and 2003, respectively, the report added.

HSBC is cutting about 100 senior investment banking jobs, Reuters reported earlier.