HSBC's Co-Head of APAC Leveraged Finance to Depart

March 7, 2025 - 06:14

Rachel Watson, the co-head of leveraged and acquisition finance for the Asia Pacific region at HSBC Holdings Plc, is set to leave her position at the end of March. This significant change comes as the bank continues to navigate the complexities of the financial landscape in the region. Watson has played a pivotal role in overseeing the bank's leveraged finance operations, guiding numerous high-profile transactions that have shaped the market.

Her departure raises questions about the future direction of HSBC's leveraged finance team and who will succeed her in this crucial role. The bank has not yet announced any plans for a replacement, leaving many industry observers speculating about potential internal or external candidates.

Watson's exit is part of a broader trend in the financial services sector, where leadership changes are becoming increasingly common as institutions adapt to evolving market conditions and regulatory environments. As HSBC prepares for this transition, the focus will be on maintaining continuity and ensuring that client relationships remain strong.