HSBC hires three for structured products business

HSBC has bolstered its structured products business in Asia, with the addition of new hires from three of its regional rivals, Citigroup, Deutsche Bank and JP Morgan Chase.

Miles Henderson, formerly a vice-president in JP Morgan Chase’s structuring and solutions group, will be responsible for developing the delivery of structured asset products in the region. Based in Hong Kong, he reports to Ivan Wong, HSBC’s head of risk management advisory.

Joining Henderson will be Harjive Oberoi, formerly of Deutsche Bank, who will join HSBC as head of structured credit trading. He will start at the bank at the beginning of September and will report to John Flint, head of regional fixed-income and derivatives trading.

Meanwhile, Derek Awyoung has joined the bank from Citigroup in Singapore as a trader in the regional derivatives team. Awyoung will start at the bank in mid-September, also reporting to Flint.

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