HSBC has hired a former Barclays dealmaker to co-head its advisory unit, part of a series of changes at the top of its investment bank as it bolsters its team of senior bankers.

The UK lender has merged its capital markets and advisory business with its investment banking coverage unit, hiring Matthew Ginsburg, a former Morgan Stanley and Barclays dealmaker, as co-head alongside Adam Bagshaw, who joined last year from Deutsche Bank, according to a memo seen by Financial News.