HSBC hires Rod Sykes

HSBC has hired Rod Sykes as its new co-head of Asian debt finance replacing Andy Cairns who is re-locating to a bigger job at the bank's debt finance group in New York. Sykes comes to HSBC from Merrill Lynch, where he has been head of Asian DCM for about a year. However, the majority of his career has been spent at Morgan Stanley and he will now join two of his ex-colleagues to round out what must rank as the most experienced high yield team in Asia. HSBC's ambitions to develop a c…