HSBC has appointed former Citi banker Daniel Bailey to lead its global telecom, media and technology team, TelecomFinance has confirmed.
Bailey, who had been head of Citigroup’s TMT unit since 2006, will assume the newly-created role next month,…
HSBC has appointed former Citi banker Daniel Bailey to lead its global telecom, media and technology team, TelecomFinance has confirmed.
Bailey, who had been head of Citigroup’s TMT unit since 2006, will assume the newly-created role next month, according to a source with knowledge of the situation.
He left Citigroup as part of cuts to its investment banking division.
Among the notable deals Bailey has worked are Mannesmann’s US$33bn acquisition of Orange in 1999, and Vodafone’s US$11bn acquisition of a majority stake in Hutchison Essar in 2007.
HSBC declined to comment.
