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HSBC is a major player in Middle East Equities:
• It is the only international bank with a licence to trade on the two UAE markets, the DFM and ADX.
• It is the only international bank with a licence for online trading on ADX and DFM.
• It is the only bank in the region offering custody and clearing services in 11 regional markets.
• It is a leading trader on behalf of international institutional investors.
• It has an award-winning comprehensive equity research function in the Middle East.
Patrick George, Co-Head of Global Equities, said:
"Kaveh is a great addition for HSBC, with strong corporate and banking relationships in the region and we look forward to developing these as we enhance our leadership position in the Middle East. This is a key emerging market for HSBC, and this hire further strengthens our overall Global Equities business."
Mr Samie joins HSBC from Citigroup where he was most recently Regional Co-Head of Equities, Middle East and North Africa. He joined Citigroup in 1993 from Oppenheimer & Co, having previously worked for Bank Julius Baer and Prudential Securities. He brings a wealth of experience to HSBC having developed, over the last 20 years, long-standing relationships with the leading investors and market participants.
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Posted by Siba Sami Ammari
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