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HSBC beefs up its ABS team in Asia

HSBC appoints Will Ross as managing director, head of asset-backed securities and structured bonds, Asia-Pacific.
HSBCÆs corporate, investment banking and markets announced Thursday (May 25) that it has appointed Will Ross as managing director, head of asset-backed securities (ABS) and structured bonds, Asia-Pacific effective June 1, 2006.

Ross will be based in Hong Kong and lead a team of nine professionals based in Hong Kong, Mumbai, Singapore and Taipei û the largest such team in the Asia region.

He joined the bank in September last year to run ABS syndicate across the region.

"Will has materially enhanced our Asian distribution volume of ABS and mortgage-backed securities (MBS), increased our profile with regional investors, and supported the regional ABS origination activities,ö says Jon Bottorff global head of ABS and structured bonds.

Ross joined HSBC from ABN AMRO, where he was global head of asset securitisation research, based in London. Prior to ABN AMRO, he was part of Merrill LynchÆs international structured credit research team for two years. He began his career with a four-year stint with JPMorgan in London and New York.

ôHSBC is building on its global ABS, MBS and structured-bond capability and this appointment demonstrates our continuing commitment to these products in the Asia-Pacific region,ö says Stephen Williams, co-head of global
capital markets, Asia-Pacific.
¬ Haymarket Media Limited. All rights reserved.
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