HSBC Hires Lehmann From JPMorgan as Head of U.S. Debt Syndicate

HSBC Hires Lehmann From JPMorgan as Head of U.S. Debt Syndicate

HSBC Holdings Plc has hired Jessica Lehmann as a managing director and head of U.S. debt capital markets syndicate amid a stretch of record issuance in the corporate bond market, according to people with knowledge of the matter.

Lehmann previously worked at JPMorgan Chase & Co. where she was responsible for U.S. bank and finance, consumer, pharmaceutical, chemical and U.S. government-sponsored institutions sectors on the investment-grade syndicate desk, according to her LinkedIn profile.

Lehmann didn’t immediately respond to a request for comment. 

Her move to HSBC comes at a time of intense high-grade corporate issuance. Sales topped $1.9 trillion last year, a record amount, and are over $1.2 billion so far in 2021, according to Bloomberg league table data. HSBC is ranked 10th for underwriting U.S. investment-grade corporate bonds this year, the same level as the prior year.

Read more: HSBC Promotes Sherani to Lead Bond Syndicate in EMEA Region

©2021 Bloomberg L.P.

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