HSBC Appoints Sahney Head of Asia Advisory, Corporates

HSBC Holdings Plc, the British bank that earns the largest share of its revenue from Asia, has promoted Rajeev Sahney to head Asia-Pacific advisory and corporates, people familiar with the matter said. Sahney, who was previously global head of consumer and retail investment banking, will remain in Hong Kong and advise on transactions across sectors, the people said, asking not to be named as the details aren’t public. Jason Rynbeck, who was previously head of mergers and acquisitions for the region, has been named the Asia-Pacific chairman for that business and vice chairman of global banking, the people said.