HSBC has hired Anthony Glover, a veteran of JPMorgan Chase and American Express, to be its head of retail banking in the U.S., a newly created position.
Glover reports to Pablo Sanchez, the regional head of retail banking and wealth management for the U.S. and Canada. Sanchez, who also used to work at JPMorgan, joined HSBC
"We're growing our business in the U.S.," Sanchez said in a press release. "Tony's deep consumer and retail banking experience will help us to further capitalize on our strategy to be the retail bank of choice for all our customer segments."
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In his first interview since taking over HSBC's U.S. bank late last year, CEO Patrick Burke contends that the U.S. bank could prove to be HSBC's hidden gem provided it focuses on multinational corporate clients and cooperates better with its global affiliates.
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HSBC has named a JPMorgan Chase executive the head of its retail banking and wealth management divisions in the U.S., as the British company overhauls its global business.
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Glover's job encompasses the duties of the former head of the U.S. retail network, Bill Brown, who left HSBC last month, along with other retail banking responsibilities, a bank spokesman said.
Most recently, Glover was the head of corporate development for Chase Merchant Services, the JPMorgan unit that signs up merchants for the card networks. He left that job in October, according to his LinkedIn profile.
He joined Chase in 1998 and served in a variety of senior leadership roles including general manager of affinity credit cards, head of human resources and head of retail banking in regional markets across the country. Before that, he spent 14 years with American Express in various roles in the company's finance organization.
