HSBC, one of the world’s largest banking and financial services organizations, is adding new power to its legal team. According to a company spokesman, Shawn Chen is now co-general counsel for litigation and regulatory enforcement.

Chen started on Feb. 10. The former Cleary Gottlieb Steen & Hamilton partner will also share global responsibility for the financial crime compliance advisory team, the global internal investigations group and the employment and human resources advisory team.

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