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Ricardo Lanfranchi Joins HSBC in Brazil as Head of Local Equity Sales for Latin America
01 August 2013
New York, NY and Sao Paulo, Brazil - HSBC today announced that Ricardo Lanfranchi has joined as Head of Local Equity Sales for Latin America. In this new role, he will oversee the team covering domestic Latin American accounts while assisting with the further build-out of HSBC's international equities franchise. Lanfranchi will work closely with Gerard Watson, Head of International Equity Sales for Latin America based in New York, to ensure effective delivery of the Bank's global equity capabilities. Lanfranchi will be based in Brazil and report functionally to Thomas O'Leary, Head of Equities for the Americas, and locally to Otavio Mendes, Head of Global Markets for Brazil.
"Ricardo is a well-known professional in the Brazilian market. His appointment is a strategic addition to our senior team as we methodically continue to add to our equity capabilities across the Americas," notes Thomas O'Leary, Head of Equities for the Americas. "Our clients in Brazil and globally will benefit greatly from his wealth of experience."
Lanfranchi joins from Barclays Capital where most recently he served as President of Barclay's Corretora de Títulos e Valores Mobiliários S.A. ("CTVM") and was responsible for the institution's Brazil equities platform. He also spent 12 years at Merrill Lynch managing the bank's Brazil broker dealer.
HSBC has added seven new senior analysts to its research team so far this year. HSBC's Latin America research team now consists of 25 senior analysts, equity strategists, and economists covering more than 150 stocks across the region's six main markets - Argentina, Brazil, Chile, Colombia, Mexico, and Peru - from research offices in São Paulo, Mexico City, Buenos Aires and New York City. In 2012, Matias Santa Cruz joined HSBC's Latin America Equity Capital Markets team and serves as the Head of Equity Capital Markets for Brazil.
Notes to editors:
Global Banking and Markets is an emerging markets-led and financing-focused business that provides tailored financial solutions to major government, corporate and institutional clients worldwide. HSBC manages its Global Banking and Markets operations as a global business and maintains offices in more than 60 countries and territories. Global Banking and Markets offers clients geographic reach and deep local knowledge. In the United States, it offers a full range of tailored financial products and services through the HSBC Bank USA, N.A. and HSBC Securities (USA) Inc.
HSBC Bank USA, National Association, with total assets of $183.9bn as of 31 March 2013 (US GAAP), serves 3 million customers through retail banking and wealth management, commercial banking, private banking, asset management, and global banking and markets segments. It operates more than 250 bank branches throughout the United States. There are over 165 in New York State as well as branches in: California; Connecticut; Delaware; Washington, D.C.; Florida; Maryland; New Jersey; Pennsylvania; Oregon; Virginia; and Washington State. HSBC Bank USA, N.A. is the principal subsidiary of HSBC USA Inc., an indirect, wholly-owned subsidiary of HSBC North America Holdings Inc. HSBC Bank USA, N.A. is a member of the FDIC.
HSBC Holdings plc, the parent company of the HSBC Group, is headquartered in London. The Group serves customers worldwide from around 6,600 offices in over 80 countries and territories in Europe, Hong Kong, Rest of Asia-Pacific, North and Latin America, and the Middle East and North Africa. With assets of US $2,681bn at 31 March 2013, the HSBC Group is one of the world's largest banking and financial services organizations.
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