PEOPLE

PEOPLE

HSBC Holdings has named Robert Gray, managing director for global capital markets, as chairman of HSBC Markets, an official confirms. Group general manager for treasury and capital markets, Stephen Green is passing that responsibility to Gray, in recognition for his work in that area already, says the official.

Commonwealth Bank of Australia scaled down its Singapore operation last week (see related article, this issue). Separately, the bank hired Andy Spencer as its new chief dealer of

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