HSBC hires DCM head

HSBC Corporate Investment Banking and Markets has continued its round of senior hires with the addition of Spencer Lake, who starts as global head of debt capital markets in London in October. He will be responsible for HSBC’s DCM business worldwide, managing a team of 250 and will report to Daniel Palmer, head of global capital markets.

Lake joins HSBC from a 17-year career at Merrill Lynch where he was most recently head of Pacific rim DCM (Japan, Asia-Pacific and Australasia). He has held a

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