HSBC suffers losses in New York, London and Bristol

NEWS

James McNair, who worked for HSBC from November 2005, is believed to have left the bank's Bristol office in early May. Lloyds TSB has confirmed McNair has been hired to work in its London office, as manager of interest rates and FX risk management. McNair will report to Lee Killington, regional director of financial markets sales for the South West and Wales.

At HSBC in London, Chris Lipscomb, who worked in structuring and marketing interest rate, inflation, credit, FX and equity derivatives

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