HONG KONG, March 12 (Reuters) - HSBC Group Holdings PLC
on Thursday named veteran Greg Hingston as the Asia
Pacific head of its newly combined retail wealth and private
banking business units, which manage a total $1.4 trillion in
assets.
The Asia-focussed lender last month announced the merger of
its global private banking and retail wealth businesses to
create a new wealth and personal banking business, part of a
radical strategy overhaul at Europe's largest lender by assets.
Hingston, whose new role will be effective from April 1, has
been with HSBC for nearly 14 years and is currently the head of
wealth and personal banking in Hong Kong, the lender's single
most important market globally.
(Reporting by Sumeet Chatterjee; Editing by Jan Harvey)