HONG KONG: Barclays said on Thursday Hossein Zaimi had been appointed as its head of markets for Asia Pacific and would join the bank after a long career at rival HSBC

Zaimi will remain based in Hong Kong and report to Adeel Khan and Stephen Dainton, co-heads of Barclays global markets business and Jaideep Khanna, the bank's head of Asia Pacific, a statement said.

Zaimi spent more than 17 years at HSBC and was most recently the global head of equities and global co-head of securities financing.

(Reporting by Scott Murdoch; Editing by Sherry Jacob-Phillips)