Exclusive: HSBC reorganizes senior management for Asia and Americas
New head of Americas global banking and markets appointed, Slevin and Julius switch to new continents, long-serving US banker to leave firm
HSBC has made a number of internal promotions and transfers, as well as parting company with two senior bankers in the US, Euromoney has learnt.
Patrick Nolan has been appointed head of global banking and markets for the Americas. Nolan was most recently global head of credit and lending, a role which included a senior coverage role for key clients. He has held a number of senior global banking positions in Canada, the US and the UK since joining HSBC in 1987. Within GBM, Nolan will report to global head of banking Robin Phillips and global head of markets Samir Assaf.
Nolan replaces Tony Murphy, a long-time HSBC veteran, who was only promoted to his role as head of GBM for the Americas last year. Murphy had previously played a key role in shoring up HSBC’s business in the US after the bank suffered huge losses from its investment in mortgage lender Household Financial.