US in the news: HSBC Bank USA names head of wealth
A round-up of people moves and M&A deals across North America
HSBC
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Investment fraudsters scam £18m out of HSBC customers in 2020
Losses more than tripled in a year
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HSBC unveils luxury themed structured product
It will be linked to the Solactive Luxury Dynamic Factors Index
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PEOPLE MOVES: Financial Ombudsman Service, Gam, HSBC AM
CEO steps down from ombudsman, while investment firm hires head of marketing and client experience
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PEOPLE MOVES: Legal & General, Phoenix Group, Standard Chartered
UK financial services firm makes c-suite changes, as retirement business hires chief data scientist
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PEOPLE MOVES: HSBC, Succession Wealth, Nedgroup Investments
Bank makes c-suite changes in its wealth unit, while advice firm hires chief commercial officer
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PEOPLE MOVES: FCA, Ascentric, HSBC
UK financial regulator makes c-suite changes, while wealth platform names CEO
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PEOPLE MOVES: JO Hambro, HSBC GAM, Momentum Global
Asset manager hires head of sales and distribution, while rival pursues healthcare investment strategy
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Banking giant reportedly eyes AXA Singapore life business
Insurer was in talks with a financial adviser about potential sale last summer
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PEOPLE MOVES: HSBC, Credit Suisse, Affinity Private Wealth
Bank makes triple change in wealth unit, while Swiss group names COO of UK operation
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HSBC to set up global wealth management hub in UAE
As it aims to double assets under management in the next three years
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HSBC launches Asia high income fund
Multi-asset product will be domiciled in Hong Kong