Barclays Wealth, which has suffered a slew of departures in recent weeks after pledging to double the number of client-facing staff, has lost a product specialist to rival HSBC Private Bank.

Amy McNally has left the bank after three years to join HSBC Alternative Investments, the unit responsible for hedge fund, private equity and real estate investment for the global private bank. She will be global marketing manager, reporting to Florence Picon, head of sales and marketing, at the division.