HSBC U.S. Wealth, Personal-Banking Head Sanchez to Leave Lender

Bloomberg Quint | Feb 23, 2021 at 6:35 AM
  • HSBC Holdings Plc’s head of wealth and personal banking in the U.S. and Canada Pablo Sanchez is leaving the lender, to be succeeded by Tara Latini.
  • The lender is expected to speed growth of its Asian operations and will return some global leaders to the bank’s original hometown of Hong Kong, Bloomberg reported earlier.
  • The Financial Times reported that HSBC is expected to announce a withdrawal from consumer banking in the U.S., citing unidentified people.