Those on the move included the very senior, such as Ben Welsh, HSBC New York’s head of FX, global markets and US rates, down to relative juniors. Welsh’s departure seemed entirely driven by his desire to take a break from the business, rather than a belief that the grass might be greener elsewhere. The bank also lost Claus Skrumsager as its head of corporate sales in London for a destination as yet unknown.
Bank of America seemingly hit the headlines after 10 of its staff resigned in a week.
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