HSBC hires Olivier de Grivel as head of FIG for Asia-Pacific

HSBC has made two new hires for its financial institutions group FIG in the region, according to an announcement.

Olivier de Grivel has been brought on board as head of FIG for Asia-Pacific and will also have the title of vice-chairman for FIG globally. Simon Derrick has joined as head of asset managers, hedge funds and reserve managers within the Asia-Pacific FIG team.

Both bankers have a long background with J.P. Morgan, although they didn’t work in the same department. When he left the US firm early this year, de Grivel had been with J.P. Morgan for 30 years and had been head of FIG in...