HSBC promotes FX Trader; Michael Zezas joins Citi as Head of Research

Tom Zhang was promoted to Director-EMFX Asia Trader at HSBC, a position he assumed in October. In his new role, Zhang oversees market-making, risk management, liquidity provision, and trading strategy across Asian, Middle Eastern, and Eastern European currencies. Separately, Michael Zezas joined Citi as Head of Research, bringing nearly two decades of senior leadership experience in equity and fixed income research.

The promotion of Tom Zhang strengthens HSBC's operational capacity in foreign exchange trading. Michael Zezas's move to Citi fills a senior research role, while his departure from Morgan Stanley represents a change in that firm's research leadership.