HSBC names Joe Abruzzo head of global private banking for the Americas

As HSBC’s chief private banking executive in the region, Abruzzo will oversee efforts to advance client service offerings and achieve sustainable growth for the business.

This content is reserved for our licensees.

Log In Register

HSBC Private Bank appoints US head of investment services and product solutions

Russell Schofield-Bezer will be responsible for the development and delivery of investment services and offerings to clients, the performance of discretionary and advisory mandates in the region, and the development of new initiatives and product ideas for local distribution.

This content is reserved for our licensees.

Log In Register

HSBC launches European equity FOF to institutional and affluent investors

HSBC Brazil currently has USD 291 million in AUM in its family of funds of international funds. These AUMs will be transferred to Bradesco pending a successful completion of Bradesco's acquisition of HSBC in Brazil.

This content is reserved for our licensees.

Log In Register

Bradesco ponies up USD 5.2 billion for HSBC’s Brazilian operation

The deal includes HSBC's local fund management operation, worth USD 26 billion, helping Bradesco surpass Itaú in the Brazilian asset manager ranking.

This content is reserved for our licensees.

Log In Register

CCR takes no action on HSBC funds in recent meeting

The CCR generally takes into consideration the potential for heightened "reputational risk" of an approved fund sponsor, which could impact system returns or negatively influence Chileans' perceptions of the pension system itself.

This content is reserved for our licensees.

Log In Register

CCR may review funds of scandal-rocked HSBC at February meeting

A review of the "reputational risk" of HSBC - again in the news due to a potential tax-evasion scandal over its handling of high-net-worth accounts - may be on the agenda of the regulatory agency that determines eligibility to receive AFP investments.

This content is reserved for our licensees.

Log In Register

Sale of BBVA Bancomer pensions could bring new players into the sector

The Latin America region is perceived as strong and growing, and the sale of BBVA Bancomer could place a brand in four countries with one operation. For Luis Sayeg Seade of Banamex, it would be interesting to see a Mexican player come out to fight in the region.

This content is reserved for our licensees.

Log In Register