HSBC hires two from competitors

Richard Jaggard and Shirley Lam join the payments and cash management team.

HSBC has hired Richard Jaggard from Bank of America and Shirley Lam from Citigroup in corporate sales roles. The two will help to further expand the bank's payments and cash management franchise in the region.

Jaggard, who starts work on 3 January, will assume the role of regional head of corporate sales for Asia Pacific. He held a similar position for Bank of America between 1998 and 2002 before spending the last two years as head of regional sales for financial institutions and public sector, structuring US dollar and local currency solutions.

Prior to joining Bank of America, Jaggard held corporate treasury management roles with Westinghouse Electric...

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