The ramp up continues.

HSBC Securities has hired George Smith from Bear Stearns and Rob Diorio from CDC IXIS North America.

This follows last week's shake up when HSBC -- parent of Household International, one of the largest finance company's in the U.S. -- poached three senior members from ABN AMROs asset-backed group: structurers Dan Costin, Cyrus Mohebbi and syndicate head Caroline Morrill

At Bear Stearns, Smith led the ABS syndicate and trading desks. Prior to CDC, Diorio was a co-head of the securitization group at Merrill Lynch

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