Barclays Hires Sales Trader in Hong Kong After Pullback

Barclays Plc hired Joseph Lee from HSBC Holdings Plc as head of high-touch equity sales trading for Asia-Pacific as the UK bank ramps up staffing after exiting the business almost a decade ago.

The senior move follows the addition of Paul Johnson from Goldman Sachs Group Inc. in January as head of equities for the region, and Christian Treuer, head of equities distribution. Lee will report to Peter Ramsey, global head of cash equities, and Treuer, according to a statement Thursday.