Connect with us
Finance Digest is a leading online platform for finance and business news, providing insights on banking, finance, technology, investing,trading, insurance, fintech, and more. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.
NEWS

HSBC appoints new markets head amid wider investment bank reshuffle

Published On :

By Lawrence White

LONDON (Reuters) – HSBC has appointed Patrick George as head of markets and securities services, according to a memo seen by Reuters on Thursday, amid a wider reshuffle of the leadership of its investment bank aimed at streamlining decision making.

George takes over the key role overseeing HSBC’s trading operations, and one which had not been formally filled since last October, when the previous head of the division Georges Elhedery was elevated to the bank’s finance chief role in a surprise move.

An HSBC spokesperson confirmed the contents of the memo, which also detailed a raft of other changes to the management of HSBC’s global banking and markets business – which houses its investment bank.

The lender also appointed Lisa McGeough and Gerry Keefe as co-heads of global banking coverage, the memo said.

HSBC’s head of global banking and markets Greg Guyett, who sent the memo, said he would hold internal meetings in the coming weeks to explain the changes.

The moves will help delegate more accountability to individual teams, and foster better cooperation among HSBC’s regional and product-aligned businesses, Guyett said in the memo.

 

(Reporting By Lawrence White, editing by Sinead Cruise)

 

Continue Reading

Why pay for news and opinions when you can get them for free?

       Subscribe for free now!


By submitting this form, you are consenting to receive marketing emails from: . You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Recent Posts