HSBC’s London-based head of CEEMEA rates trading, Andrew Dinnis, has resigned and is expected to join an unnamed hedge fund once his notice period ends, marking another senior departure from the bank, according to a report by eFinancial Careers.
Dinnis, who has been with HSBC for 14 years, led trading for Central and Eastern Europe, the Middle East, and Africa (CEEMEA) rates. While HSBC has yet to comment on the move, Dinnis also declined to respond to inquiries.
His exit follows HSBC’s bonus payouts last week and comes amid a broader shift at the bank. While HSBC is shutting down its M&A and equity capital markets businesses in Europe and the US, Dinnis’s departure is unrelated to these closures.
Other key figures have also left HSBC in recent weeks. Nils Hansen, a managing director in the US syndicate team, recently departed, while Mark Epley, chairman of the US financial sponsors group, also announced his exit.
