Colin Brooks, HSBC Securities Services' head of sub-custody, has left the bank. He has been replaced by two global heads who will jointly run the reorganised investor and asset services business.
Tag : colin brooks
HSBC becomes the latest global custodian to offer broker outsourcing services to top-tier broker-dealers. But some analysts say smaller brokers would gain more from these services.
The launch widens HSBC's footprint in the lucrative market for third-party agency clearing services in Asia.
Ex-Deutsche executive Nico Torchetti will develop services for HSBC’s burgeoning third-party agency clearing business.
The UK bank rotates three senior custody executives between Australia, Hong Kong and Japan.
