Haitong Bank, which was formed after a Chinese takeover of the investment banking arm of Banco Espírito Santo, has made a fresh wave of research hires as its push to grow its City presence shows no signs of slowing.

Haitong, which completed the takeover of the Espírito Santo operations in September 2015 and just days later unveiled half a dozen hires to its London research team including a former top metals and mining analyst at HSBC, has added four more staff to its equity research team, according to a February 18 statement.