HSBC to create single structure
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.