HSBC promotes Paul Thurston

HSBC moves Paul Thurston from London to Hong Kong with a mandate to head retail banking and wealth management as it aims to strengthen its offering in the region.

HSBC has promoted Paul Thurston to the role of chief executive for retail banking and wealth management with effect from March 1 next year.

Thurston will relocate to Hong Kong for this newly created position and will report to Stuart Gulliver, who takes over as group chief executive on January 1. Gulliver too will be based in Hong Kong.

Thurston will be responsible for all aspects of HSBC’s retail banking business globally, including the personal financial services...

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