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HSBC Private Bank names business head of North America

Joe Abruzzo was named business head of North America at HSBCPrivate Bank, a part of HSBC Group.

Based in New York, Abruzzo will drive and execute HSBC'sstrategy for private banking across North America, particularly in the U.S.

Abruzzo, who joined HSBC in 2014, most recently served asits head of U.S. large corporate banking.

McLean, Va.-based HSBC Bank USA NA is the principal subsidiary ofHSBC USA Inc., anindirect, wholly owned subsidiary of HSBC North America Inc. is the bank'sultimate parent.