HSBC to cre­ate sin­gle struc­ture

Yorkshire Post - Business - - BUSINESS / NEWS -

Bank­ing:

HSBC is to cre­ate a sin­gle re­gional struc­ture for its pri­vate bank in Europe which in­cludes its busi­nesses in the

UK, Chan­nel Is­lands, France, Ger­many, Switzer­land and Lux­em­bourg.

The new struc­ture, which will be called HSBC Global Pri­vate Bank­ing, EMEA, will be led by Chris Allen, who has been ap­pointed re­gional head of global pri­vate bank­ing. The bank said this will cre­ate a re­gional pri­vate bank­ing busi­ness that is more in­te­grated, strate­gi­cally aligned and well po­si­tioned.

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