hsbc-names-wealth-management-sales-executive

HSBC names wealth management sales executive

Gary Hung will help to enhance the bankÆs provision of value-added products to its clients.
HSBC has appointed Gary Hung as managing director and head of intermediaries, North Asia in wealth management sales within its global markets division. Before he joined the bank, he worked with Merrill Lynch in Hong Kong as director of equity structured solutions.

The wealth management sales team designs structured products which the bank sells to its retail and private banking clients. The products can be in the form of structured notes, capital guaranteed funds, structured deposits and yield enhancement equity-linked notes. The team also specialises in tax, regulatory and compliance issues.

According to an HSBC spokesperson, wealth management sales is expanding and the bank is restructuring and adding new positions to strengthen this business in...
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