HSBC Private Bank names Hong Kong head

HSBC Private Bank has filled a long-held vacancy following the departure of Desmond Liu, naming Teddy Kwong as its new business head for Hong Kong. Kwong started in the role last week, having spent most of his 25-year career at HSBC within commercial banking, working with families on the corporate side. Most recently he was the bank’s chief executive officer for Macau. He now takes on responsibility for HSBC’s private banking client coverage in Hong Kong, with a focus on client …