HSBC deputy general counsel departs to join fintech startup
Richard Given joins banking startup founded by former Barclays chief executive
May 03, 2017 at 07:42 AM
2 minute read
The original version of this story was published on Law.com
HSBC deputy general counsel Richard Given has left the bank after six years to join a fintech startup founded by former Barclays chief executive Antony Jenkins.
10x Banking, which was launched last year, is aiming to create a "more diverse, open and fair platform" for banking.
Given – who also held the title of global head of legal for worldwide operations at HSBC - is joining as GC and company secretary.
He will be replaced at HSBC by associate GC Stephen Cooke, who has been at the bank for nearly 10 years.
Before going in-house, Given spent more than six years as an associate at Freshfields Bruckhaus Deringer. He moved in-house in 2000 to media company Aegis Group as legal counsel, subsequently joining IT company Cisco Systems, where he was director of legal for emerging markets. He made the move to HSBC in 2011.
HSBC is currently in the final stages of a review of its UK legal panel, with the roster expected to be reduced in size. The bank's UK legal team is led by UK GC Hugh Pugsley, who joined from Lloyds Bank in 2015.
HSBC's global panel was reviewed late last year, with Allen & Overy, Clifford Chance, Freshfields Bruckhaus Deringer and Linklaters all reappointed and US firm Davis Polk & Wardwell winning a first-time place on the roster.
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