HSBC Private Bank Names Russell Schofield-Bezer US Head of Investment Services and Product Solutions
September 20 2016 - 10:08AM
Business Wire
HSBC Private Bank today announced the appointment of Russell
Schofield-Bezer as US Head of Investment Services and Product
Solutions, further enhancing its leadership team in the US, one of
its key growth markets.
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HSBC's Russell Schofield-Bezer (Photo:
Business Wire)
In this role, Russell will be responsible for the development
and delivery of investment services and offerings to clients in the
region, the performance of discretionary and advisory mandates in
the region, and the development of new initiatives and product
ideas for local distribution. Russell will also be a voting member
of the Global Private Bank Global Investment Committee.
Recently relocated from London to New York, Russell will report
to Marlon Young, HSBC Regional Head of Global Private Banking, US
& Latin America, and to Stuart Parkinson, Chief of Staff, HSBC
Global Private Bank.
“As we continue to grow and invest in our US business, Russell's
appointment further strengthens our US leadership team and will
help ensure the global consistency and innovation of our services
and solutions for our clients,” said Young. “This is an exciting
time for our business.”
Russell brings a wealth of experience in marketing financial
products across all asset classes and developing customized
solutions for risk management, yield enhancement and client
financing needs. He joins the Private Bank from HSBC Global Banking
and Markets, where he most recently served as Head of Capital
Financing Europe and Head of Debt Capital Markets (DCM) for EMEA.
He joined HSBC in 2006 as European Head of Corporate Derivatives
Sales. Before that, Russell worked at JPMorgan Chase where he was
Head of Northern European Corporate Derivative Sales.
The announcement follows the recent appointment of Joe Abruzzo
as Business Head of North America, HSBC Private Bank.
About HSBC Bank USA, NA
HSBC Bank USA, National Association (HSBC Bank USA, N.A.), with
total assets of US$198.8 bn as of 31 March 2016 (US GAAP), serves
2.4 million customers through retail banking and wealth management,
commercial banking, private banking, asset management, and global
banking and markets segments. It operates more than 229 bank
branches throughout the United States. There are over 145 in New
York as well as branches in: California; Connecticut; Delaware;
Washington, D.C.; Florida; Maryland; New Jersey; Pennsylvania;
Virginia; and Washington. HSBC Bank USA, N.A. is the principal
subsidiary of HSBC USA Inc., an indirect, wholly-owned subsidiary
of HSBC North America Holdings Inc. HSBC Bank USA, N.A. is a Member
of the FDIC.
About HSBC Private Bank
HSBC Private Bank, a division of HSBC Bank USA, N.A., helps
wealthy individuals, families and their businesses to grow, manage,
and preserve their wealth across the generations. We provide
personalized service and customized solutions across banking and
liquidity management; financing; investment and brokerage; custody;
wealth planning; trust and estate planning; and insurance. In the
U.S., investment and brokerage services are provided through HSBC
Securities (USA) Inc., and insurance products are provided through
HSBC Insurance Agency (USA) Inc. In addition, we leverage HSBC's
global capabilities, resources and expertise -- including capital
markets, commercial real estate and middle market lending -- to
address all aspects of our clients' wealth management needs.
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version on businesswire.com: http://www.businesswire.com/news/home/20160920006268/en/
Media inquiries:For HSBC
Private BankLaura Sheridan Powers, +1
212-525-0115laura.s.powers@us.hsbc.com
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