HSBC’s Top Tech Banker Winston Cheng Exits to Join Tech Firm
- Global co-head of tech, media, telecom Cheng joined in 2021
- Dan Bailey will continue to lead TMT globally as Cheng leaves
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HSBC Holdings Plc’s global co-head of technology, media and telecom Winston Cheng is leaving the bank to join a major tech firm.
Cheng joined HSBC’s investment banking team in 2021, based in Hong Kong, and together with Dan Bailey built out the team with key hires in China, Southeast Asia and India, according to a memo seen by Bloomberg News. A spokesperson for the bank confirmed the memo.