As part of the shrinkage, Antonio Basagoiti, Antonio Escamez and Luis Alberto Salazar-Simpson will leave the board.
In his new role, he will be responsible for leading all strategy-related planning and execution activities around the growth plan for the business, including tailored strategies for specific client segments. He will report to Michael Wilson, Global Head,
Commenting on the appointments, HSBC Group Chairman Douglas Flint said: "On behalf of the Board I warmly welcome Joachim and John to HSBC. We will benefit from their global experience as we implement our strategy, based on increasing global trade flo
Vestra Wealth, a wealth management firm with £2.5bn in assets under management, has added two senior investment advisers to its team.
Former Bear Stearns CFO Sam Molinaro is to join UBS Investment Bank as COO, while Jimmy Neissa, joint global head of the investment banking unit, is planning to leave.
The World Bank last week launched the nomination process to select a new president to succeed Zoellick when he steps down in June, inviting names from any of its 187 member countries. The Obama administration has said it would open the process to competit
Corcoran, who replaces Surat Maheshwari, will start in mid- March, said Douglas Chen, head of international fixed-income distribution at Itau