HSBC Continues Hiring Spree for Asia Equities

HSBC Holdings Plc is continuing a hiring spree for its equities business in the Asia-Pacific region, recruiting executives from firms including Deutsche Bank AG, the German lender which is making deep cuts to its own global operations. HSBC has hired Deutsche Bank’s Isabella Kwok as a managing director for Asian equity sales with a China focus, according to people familiar with the matter, asking not to be identified because the move hasn’t been announced.