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HSBC Appoints New Head of Research, Americas and Head of Product Management, Equity Research

9 July 2012

HSBC today announced two key appointments in Global Research, Americas as part of the bank's long-term commitment to developing leading global research coverage.

Ben Laidler joins as Head of Research, Americas based in New York. He brings with him over 18 years financial markets experience most recently at JP Morgan where he was Head of LatAm Equity Research and Strategy. A fluent Spanish speaker, he was previously a senior LATAM equity analyst at UBS based in Chile.

After six successful years as Head of Research, Americas, Patrick Boucher is appointed to the new global role of Head of Product Management, Equity Research. Product management is one of the most important aspects of the equity research business and Patrick is tasked with developing our global equity product to the highest competitive standards. Prior to joining HSBC, Patrick was Head of Equity Research for Latin America at Santander.

Stuart Parkinson, CEO of Global Research, said, "We wish Patrick every success in this new and important role while welcoming Ben to HSBC. Ben's experience in Latin American markets will be invaluable as we look to develop our franchise further in key emerging markets."

Note to editors:

HSBC Holdings plc

HSBC Holdings plc, the parent company of the HSBC Group, is headquartered in London. The Group serves customers worldwide from around 7,200 offices in over 80 countries and territories in Europe, the Asia-Pacific region, North and Latin America, the Middle East and Africa. With assets of US$2,556bn at 31 December 2011, the HSBC Group is one of the world's largest banking and financial services organisations.

HSBC Global Research

HSBC Global Research is a division of Global Banking and Markets and has over 600 staff in 23 countries both developed and emerging. HSBC Global Research specialises in four core product areas - currency, economics, equities and fixed income - with a particular emphasis on emerging markets and climate change.

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