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HSBC stalks Asian equities

Hires to that business reach 29 for the year as UK bank looks to achieve its top-5 ambition

HSBC has hired 29 people for Asian equities in order to reach its target of being in the top five in the region by market share.

This month in New York, Rakesh Patel, head of equity sales and sales trading, Asia-Pacific global markets at HSBC, said: "We integrated our retail and private banking flows into our equity trading platform to ensure that all our flow goes into the Hong Kong market through a single gateway."

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