Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

HSBC Hires RBS’s Crystal to Head U.S. High-Yield Bond Sales

Don't Miss Out —
Follow us on:

June 20 (Bloomberg) -- HSBC Holdings Plc, Europe’s biggest bank, hired Thomas Crystal from Royal Bank of Scotland Group Plc to head high-yield bond and loan sales in the U.S.

Crystal is based in New York and reports to Cary Goodwin, head of U.S. credit sales, according to an e-mailed statement from the bank today. Before joining RBS in November 2009, he worked at Morgan Stanley and Bank of America Corp., according to records maintained by the Financial Industry Regulatory Authority.

HSBC is 14th most-active underwriter of high-yield bond sales in the U.S. this year, from 15th place last year, according to data compiled by Bloomberg. In 2010, it hired Keith “Lex” Malas to co-head leveraged and acquisition finance in North America.

Crystal’s appointment “will allow us to continue building upon our current success while we look to expand our presence in the leverage finance area,” said Patrick Nolan, chief executive officer for HSBC Global Banking and Markets in the Americas, in the statement.

To contact the reporter on this story: Lisa Abramowicz in New York at labramowicz@bloomberg.net.

To contact the editor responsible for this story: Alan Goldstein at agoldstein5@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.