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HSBC NAMES RICHARD LAVIÑA REGIONAL COMMERCIAL BANKING PRESIDENT FOR THE SOUTHEAST UNITED STATES
9 January 2008
Appointment Allows HSBC to Expand Commercial Banking Presence in Southeast
HSBC Bank USA, N.A., the U.S. banking unit of one of the world’s largest financial services companies, today announced it has appointed Richard Laviña, executive vice president, and regional president of its commercial banking business for the Southeast United States. In this new position, Laviña is responsible for expanding HSBC’s presence in the region. His team will deliver to area corporates HSBC’s domestic and international knowledge and full range of financial products including credit, trade finance, cash management, derivatives and acquisition advisory.
“These appointments align with our Group strategy to bring to our clients in developed markets our full international expertise,” said Chris Davies, head of commercial banking for North America. “Corporate customers looking to expand or sell overseas as well as looking for a financial partner to help them manage cross border risk through foreign exchange hedging, global cash management and trade finance will be well served by this skilled team.”
Laviña is based in Miami and reports to Chris Davies. He joined from LaSalle Bank where most recently he headed the Southeast commercial and corporate operations. Laviña has extensive experience in the Florida market and has more than 21 years of commercial banking experience. He is well versed in all aspects of credit structuring, interest rate and foreign exchange hedging, private placements, multi-currency facilities, cash management and syndications.
The bank has also hired Jose Mazariegos, Timothy Shaw and Shawn Alexander for its commercial banking office in Miami. Mazariegos has joined as a senior vice president and regional commercial executive. Reporting to Laviña, he is responsible for leading HSBC’s efforts in Florida. Mazariegos brings more than 15 years experience in investment banking, wealth management and commercial banking. He joined from LaSalle Bank where most recently he was a senior vice president and a senior banker managing the region’s largest corporate accounts. Timothy Shaw has joined as a vice president and relationship manager after having served as a relationship manager for LaSalle Bank in both the Miami and Houston. Shawn Alexander has joined as an assistant vice president and relationship manager. Both Shaw and Alexander report to Mazariegos.
About HSBC Bank USA, N.A.
HSBC USA has nearly 450 bank branches throughout the United States, with about 400 in New York State and a growing network of branches in New Jersey, Florida and California. The bank also has branches in Delaware, Washington, D.C., Washington state, Pennsylvania, and Oregon. It is the principal subsidiary of HSBC USA Inc., an indirectly-held, wholly-owned subsidiary of HSBC North America Holdings Inc.. By assets, HSBC USA Inc. is one of the nation's 10 largest bank holding companies.
HSBC Holdings plc
HSBC Holdings plc serves over 125 million customers worldwide through around 10,000 offices in 83 countries and territories in Europe, the Asia-Pacific region, the Americas, the Middle East and Africa. With assets of some US$2,150 billion at 30 June 2007, HSBC is one of the world’s largest banking and financial services organisations. HSBC is marketed worldwide as ‘the world’s local bank’.
- Juanita Gutiérrez
- HSBC USA Inc.
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