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.

The other co-general counsel for litigation and regulatory enforcement is Guy Nielson. He joined HSBC in 2009 and previously served as head of litigation for global banking and markets as well as for litigation and human resources across all business lines in the United Kingdom.

Both Chen and Nielson report to Stuart Levey, HSBC’s chief legal officer.