As part of its U.S. equity coverage expansion, HSBC has brought in six additional members to its global research team, Reuters’ Saeed Azhar and Sumeet Chatterjee reports, citing an internal memo. The lender said the new members will be covergin sectors ranging from technology to consumer discretionary, the authors note. “By the end of 2023, we aim to add approximately 150 new large-cap names to the 46 U.S. names already under our coverage. The project as a whole will see more than 20 new joiners in the U.S., Mexico, the UAE and India,” the memo said.
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