HSBC Hires JPMorgan Veteran for Middle East Investment Bank Push
- Karim Tannir to become regional vice-chair of global banking
- Mideast dealmaking has been brisk with acquisitions and IPOs
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JPMorgan Chase & Co. veteran Karim Tannir is joining HSBC Holdings Plc in the Middle East as the lender bulks up in one of its key growth markets.
Tannir will assume the newly-created role of vice-chairman of global banking for HSBC across the Middle East, North Africa and Turkey, according to a spokesman for the bank. He will work alongside Julian Wentzel, head of global banking for the region, and will report to Middle East head Stephen Moss, as well as Greg Guyett, chief executive officer of global banking and markets.