HSBC Hires JPMorgan’s Willis to Lead Precious Metals Sales

HSBC Holdings Plc is hiring an executive director from precious metals giant JPMorgan Chase & Co. to lead its bullion sales operation, according to people familiar with the matter.

The bank is hiring James Willis, said the people, who asked not to be identified as the matter is private. It’s among the latest high-profile moves in the precious metals world, as a record-breaking rally draws new entrants into the market and fuels turnover in talent.