The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site. Please see our Subscription Terms and Conditions.

All material subject to strictly enforced copyright laws. © 2021 Euromoney, a part of the Euromoney Institutional Investor PLC.

People moves: HSBC raids Nomura and others

HSBC has beefed up its DCM operation, making a number of hires – especially from Nomura.

It has announced a new head of EMEA public sector origination, Ulrik Ross, who worked at the Japanese bank as head of north and central European capital markets. He previously worked at Merrill Lynch where he covered Nordic DCM. He reports to both Roger Thomson and Jeff Diehl, head of European DCM and global head of public sector DCM, respectively.

Ross was part of a seven-strong team led by Stefano Ghersi that left Merrill in 2001. Ghersi left Nomura under a cloud and has since brought a high-profile lawsuit against his former employer, as have three other bankers.

Francesco D’Alberti has also joined HSBC from Nomura, to run Italian public sector debt origination, focusing on Italian regional authorities (see Structured Finance news for more on Italian regional healthcare developments). D’Alberti will work for Ross.

HSBC has also moved to build out its product offering. It has made Nik Dhanani head of capital solutions for EMEA. Dhanani will look after the structuring and origination of hybrid capital and related instruments for corporates, financial institutions and public sector entities. He joins from Bank of America Securities where he had a similar role. Dhanani worked at BoA for three years; before that he was in the fixed-income capital products group at Citi.

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.


Unlimited access to and

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually


Unlimited access to and, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors


Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree