Now HSBC's head of CEEMEA rates trading left too. Not for his farm

HSCB paid its bonuses last week. And now, some of its people are leaving. 

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Andrew Dinnis, HSBC's London-based head of Central and Eastern Europe, the Middle East, and Africa (CEEMEA) rates trading, is understood to have handed in his notice. 

Dinnis remains in employment with the bank but is expected to join an unnamed hedge fund when his notice period is up. HSBC didn't respond to a request to comment and Dinnis didn't respond to our approaches.

Dinnis has plenty to get on with while he's out of the market. He also owns a farm, where he describes his activities as hay, silage, cattle and forestry. 

Dinnis spent 14 years at HSBC and was far removed from the M&A and equity capital markets businesses, which HSBC is closing down in Europe and the US. As we noted yesterday, HSBC has also lost Nils Hansen, a managing director in its US syndicate team. Hansen, too, left of his own volition. 

Others are leaving the businesses that are being wound down. Mark Epley, chairman of the US financial sponsors group at HSBC, said today that he is moving on.

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