HSBC shuffles Asian ECM desk

Rev Hui

Ehren Vokes, a director at HSBC’s Asia equity syndicate desk, has moved into an origination role within ECM, according to an internal memo seen by GlobalCapital Asia.

Vokes is responsible for covering Korea, Taiwan and the Philippines in his new role and reports to Alexis Adamczyk and Tom Lanners, co-heads of Apac ECM.

In addition, he is also working with the team led by Rod Sykes, HSBC’s head of commercial banking (CMB) coverage, capital financing, Apac, in coordinating the bank’s CMB effort within ECM.

Making the move in the opposite direction is associate Nicole Pue. She takes on all of Vokes’ previous responsibilities in the syndicate desk and reports directly to David Paine, HSBC’s Asia head of equity syndicate.

Both Pua and Vokes are based in Hong Kong.

HSBC is ranked third in the year to date Asia ex Japan ex onshore China ECM volumes league table with $3.60bn via 13 transactions, according to Dealogic. It was ranked ninth in the same period of time last year with $2bn via 20 trades.

Goldman Sachs currently leads the rankings with $5.7bn from 32 transactions.

GlobalCapital Asia