PU6D HSBC Holdings (ADR)

HSBC U.S. Head of Wealth and Personal Banking Racquel Oden Expands Team with New Regional Market Heads

HSBC U.S. Wealth and Personal Banking Head Racquel Oden today announced that Clark Pingree and Dufresne “Didi” Nicolas have joined the bank as Regional Market Heads for the West Coast and North regions, respectively. The hires are part of Oden’s new growth strategy focused on supporting international and high net-worth clients. She joined the bank in December as the new U.S. Head of Wealth and Personal Banking.

This press release features multimedia. View the full release here:

HSBC Regional Market Head Clark Pingree will be based in San Francisco. (Photo: Business Wire)

HSBC Regional Market Head Clark Pingree will be based in San Francisco. (Photo: Business Wire)

“The addition of Clark and Didi to our team will only further our efforts to deliver on the wealth management and banking needs of our globally connected, affluent and private banking clients,” said U.S. Head of Wealth and Personal Banking Racquel Oden. “We are excited to leverage their decades of wealth management experience to continue serving our clients who live and work across the U.S. and around the world. Today’s announcement is the first of several new exciting hires that we will be sharing in the coming weeks as we grow our wealth management and financial planning team.”

The new Regional Market Heads will focus on supporting advisory teams in their respective regions. The senior executives will report to Americas Head of Global Private Banking and U.S. Wealth Mark Pittsey.

Clark Pingree, who has joined HSBC as Regional Market Head – West, will be based in San Francisco. Previously, he was Executive Director and Market Leader at First Republic. In this role, Clark oversaw wealth advisors across several west coast markets, while leading the broader private wealth management trust, banking and planning businesses. Prior to First Republic, Clark spent nearly twenty years in key leadership and private banking roles at Wells Fargo. Clark is an active member in his community working with the San Francisco AIDS Foundation as well as the National Adoption Center. He has cycled over 1,500 miles to fundraise for AIDS and MS charities in California and Central Africa. He has a bachelor’s degree in finance from Brigham Young University.

Didi Nicolas, who has joined HSBC as Regional Market Head – North, will be based in New York City. He brings over 30 years of wealth management and financial services experience. Previously, he worked at Bank of America Merrill Lynch, where he led teams across several key markets, most recently as Director and Market Executive for Hartford and Associates Market. Didi also held key leadership roles at Morgan Stanley. He started his career as a financial advisor for PaineWebber. Didi is a member of the Spring Valley chapter of the NAACP and participates in many Urban League events. He is active in his local parish as a lector and commentator for Sunday masses and is a former board member for the Mid-Hudson Children’s Museum. He has a bachelor’s degree in economics from the State University of New York at Albany.

About HSBC

HSBC Holdings plc

HSBC Holdings plc, the parent company of HSBC, is headquartered in London. HSBC serves customers worldwide from offices in 62 countries and territories. With assets of US$3,0001bn at 31 March 2024, HSBC is one of the world’s largest banking and financial services organisations.

HSBC Bank USA, National Association (HSBC Bank USA, N.A.) serves customers through Wealth and Personal Banking, Commercial Banking, Private Banking, Global Banking, and Markets and Securities Services. Deposit products are offered by HSBC Bank USA, N.A., Member FDIC. It operates Wealth Centers in: California; Washington, D.C.; Florida; New Jersey; New York; Virginia; and Washington. HSBC Bank USA, N.A. is the principal subsidiary of HSBC USA Inc., a wholly-owned subsidiary of HSBC North America Holdings Inc.

For more information, visit:

EN
25/06/2024

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on HSBC Holdings (ADR)

 PRESS RELEASE

Wealthiest Investors Spread a Wider Net in Drive for Global Diversific...

NEW YORK--(BUSINESS WIRE)-- The world’s wealthiest investors are becoming more mobile as they plan for additional residences around the world and seek out global opportunities for their assets and businesses. HSBC’s report shows how wealthy business owners share a global mindset – where national and regional borders are viewed as opportunities rather than obstacles. The report is based on a survey of high net worth (HNW) and ultra high net worth (UHNW) entrepreneurs about their attitudes towards their wealth and businesses in international markets. It focuses on five key global wealth hub...

 PRESS RELEASE

Highest-Performing Companies to Dominate Fundraising in Venture Health...

NEW YORK--(BUSINESS WIRE)-- The venture healthcare market saw a return to new investment, up 30% versus 2023, but not without careful consideration of risk, with larger syndications of investors raising early-stage mega rounds or shifting focus to later-stage, leading to fewer small Seed and Series A deals, according to the annual . “In 2023 and 2024, many companies that raised insider extensions have not had the ‘rubber hitting the road’ moments as expected, so it’s likely that we see after-effects, including substantial consolidation and shut-downs as companies struggle to secure that next...

 PRESS RELEASE

HSBC appoints Lisa McGeough as President and CEO for the United States

NEW YORK--(BUSINESS WIRE)-- HSBC announced that Lisa McGeough has officially been appointed President and Chief Executive Officer for the United States, effective January 1, 2025. In this role, Lisa will lead the next phase of growth for the United States, overseeing all businesses in the region. She will also drive the expansion of the newly integrated wholesale business, Corporate and Institutional Banking, in North America. Lisa will be based in New York City. This press release features multimedia. View the full release here: (Photo: Business Wire) Lisa will report to Michael Roberts in h...

 PRESS RELEASE

HSBC Bank USA, N.A. and Affiliates Reduces Prime and Reference Rate

NEW YORK--(BUSINESS WIRE)-- HSBC Bank USA, N.A., and its affiliates announced today that they have reduced their prime and reference rate from 7.75% to 7.50%, effective tomorrow, 12/19/2024. About HSBC HSBC USA Inc. ("HUSI") is a Maryland corporation and its principal business is to act as a holding company for its subsidiaries including HSBC Bank USA, N.A. Through HSBC Bank USA, N.A. and its subsidiaries, HUSI offers a full range of traditional banking products and services to individuals, including high net worth individuals, small businesses, corporations, institutions and governments. ...

 PRESS RELEASE

HSBC Launches New Mortgage Assistance Program–CommunityWorks Opening D...

NEW YORK--(BUSINESS WIRE)-- HSBC announced today the launch of , a new program that offers home loan grants to homebuyers in underserved counties in California, Florida, New York, New Jersey, Virginia, Washington and the District of Columbia. It is effective January 1, 2025. The new grant provides up to $25,000 in down payment assistance for homebuyers who are buying a home with an HSBC CommunityWorks mortgage, an existing product that offers $5,000 in closing cost assistance, financing up to 97% of a property’s appraised value, and no private mortgage insurance (PMI) requirement, among othe...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch