Salomon re-boots China team after HSBC poaches Huan

Salomon Smith Barney shrugs off the loss of Huan Guocang and part of his team to HSBC.

The bank has announced the appointment of Willy Liu from JP Morgan and Kenneth Koo from Goldman Sachs, following the departure of vice chairman Huan Guocang, who has become head of HSBC's China investment banking division.

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