HSBC Appoints 2 Managing Directors to Credit Solutions Division
30 July 2012 - 10:20PM
Dow Jones News
By Carol Dean
LONDON--HSBC Holdings PLC (HBC) has appointed Dermot Murphy and
Mahmoud Atalla as managing directors in the new credit solutions
group within the global credit division, it said Monday.
Mr. Murphy and Mr. Atalla will focus on the trading of special
credit situations in the bond and loan markets, managing risk
opportunities from European financials deleveraging, corporate
restructuring and bespoke stressed opportunities across Europe.
Mr. Murphy joins HSBC from UBS AG (UBS), where he was co-head of
sub-investment grade trading while Mr. Atalla was recently head of
HSBC UK Principal Investments having previously worked at private
equity firm Montagu Private Equity.
Both new managing directors will be based in London reporting to
Asif Godall, head of European credit trading.
Write to Carol Dean at carol.dean@dowjones.com
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