Aquilina To Head HSBC Integrated Private Banking And Wealth Management Group In North America.Business Editors NEW YORK--(BUSINESS WIRE)--Nov. 21, 2003 HSBC Bank USA HSBC Bank USA, N.A., the United States subsidiary of the HSBC Holdings plc, is a bank with its head office in New York City. History The Hongkong and Shanghai Banking Corporation acquired a 51% shareholding in Marine Midland Bank of New York State, headquartered in , Inc. (NYSE NYSE See: New York Stock Exchange : HBC HBC a definition for medical records to denote 'hit by car'. ) today announced that it has integrated its International Private Banking and Domestic Private Banking organizations into a single private banking group. As part of this move, Gerard Aquilina, senior executive vice president, HSBC Bank USA has been appointed head of Private Banking and Wealth Management. He will report to Martin Glynn, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , HSBC Bank USA and functionally to Clive C.R. Bannister, CEO, Group Private Banking, who is based in London. "Gerard has the depth of knowledge and experience needed for this new role," Glynn said. "Traditionally HSBC Bank USA has viewed our US private banking clients and our international clients, who chose to bank in the US, as two separate groups. In today's global society, we feel that both client groups will be better served by a single entity, which can offer them HSBC's full range of private banking and wealth management solutions. This is consistent with how HSBC HSBC Hongkong and Shanghai Banking Corporation HSBC Humane Society of Broward County (Florida) HSBC Humane Society of Bay County (Bay County, Michigan) serves private banking clients around the world." Aquilina was previously the CEO of International Private Banking - Americas. Prior to joining HSBC in 2002, he was global head of marketing and wealth management for Merrill Lynch's International Private Client Group based in New York. An experienced financial services executive, Aquilina has held positions in both Investment Banking and International Law. Aquilina holds a bachelor of arts degree in international relations from Columbia University, a JD from American University School of Law, and an LLM LLM abbr. Latin Legum Magister (Master of Laws) LLM Master of Laws [Latin Legum Magister] Noun 1. from the University of London For most practical purposes, ranging from admission of students to negotiating funding from the government, the 19 constituent colleges are treated as individual universities. Within the university federation they are known as Recognised Bodies . About HSBC Bank USA HSBC Bank USA has more than 400 branches in New York State, giving it the most extensive branch network in New York. The bank also has 10 branches in Florida, two in Pennsylvania, five in California and 15 in Panama. HSBC Bank USA is the 8th largest US commercial bank ranked by deposits and is a subsidiary of HSBC USA Inc, an indirectly-held, wholly-owned subsidiary of HSBC Holdings plc (NYSE: HBC). Headquartered in London, and with over 9,500 offices in 79 countries and territories, the HSBC Group is one of the world's leading banking and financial services organizations. For more information about HSBC Bank USA and its products and services visit www.us.hsbc.com. |
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