HSBC taps Torchetti to drive broker-dealer outsourcing
Ex-Deutsche executive Nico Torchetti will develop services for HSBC’s burgeoning third-party agency clearing business.
HSBC Securities Services has named Nico Torchetti as head of product development for its global sub-custody and clearing unit, where he will focus on the bank’s burgeoning broker-dealer outsourcing business in the region.
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