(Bloomberg) -- Daniel Palmer, global head of capital
markets at HSBC Holdings Plc, resigned after three years with
Europe's biggest bank during which time its ranking in managing
stock sales slipped.
Under Palmer, HSBC fell to 19th globally last year in
underwriting equity and equity-linked sales from 14th in 2005,
according to data compiled by Bloomberg. The London-based bank was
the ninth-placed arranger of global bond sales last year, from
12th a year earlier. HSBC hired Palmer, 41, from Morgan Stanley.
Read more at Bloomberg Stocks News
markets at HSBC Holdings Plc, resigned after three years with
Europe's biggest bank during which time its ranking in managing
stock sales slipped.
Under Palmer, HSBC fell to 19th globally last year in
underwriting equity and equity-linked sales from 14th in 2005,
according to data compiled by Bloomberg. The London-based bank was
the ninth-placed arranger of global bond sales last year, from
12th a year earlier. HSBC hired Palmer, 41, from Morgan Stanley.
Read more at Bloomberg Stocks News
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