HSBC Securities Services (HSS), EMEA has boosted the trusteeship expertise in its London office.
Alan Davies, former head of risk management for HSBC in the UK, was named senior manager of trustee and depositary services for derivatives and risk. Jackie Freeman has moved to senior trustee and depositary manager of account and product development, from senior relationship manager in the funds sector.
“These appointments further strengthen our trustee and depositary services business,” says John Cargill, head of the trustee and depositary services business in HSS EMEA. “Alan and Jackie have been operating at a senior level for a number of years and they will both help us to enhance our service to existing and future clients.”
HSBC Securities Services’ global assets under custody ranked at $3.88 trillion on 30 June, and assets under administration reached $954.4 billion.