Citigroup Veteran to Take Over HSBC's U.S. Business

Date : 07/09/2019 @ 12:54AM
Source : Dow Jones News
Stock : Hsbc Holdings Plc (HSBA)
Quote : 607.4  9.4 (1.57%) @ 11:35PM
Hsbc share price Chart

Citigroup Veteran to Take Over HSBC's U.S. Business

Historical Stock Chart

6 Months : From Apr 2019 to Oct 2019

Click Here for more HSBC Charts.
   By Allison Prang 

The head of HSBC Holdings plc's (HSBC) U.S. operations is retiring and will be replaced by Citigroup Inc. (C) veteran Michael Roberts, the London-based company said Monday.

Patrick Burke has been with HSBC since 1989 and is currently CEO and president of HSBC USA. Mr. Roberts has worked as Citigroup's chief lending officer and its global head of corporate banking and capital management. He has been at Citigroup for 34 years.

Mr. Roberts will also become a group managing director at HSBC.

The transition will happen in October, but the company didn't provide specific dates.


Write to Allison Prang at


(END) Dow Jones Newswires

July 08, 2019 12:39 ET (16:39 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
Your Recent History
Gulf Keyst..
FTSE 100
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

NYSE, AMEX, and ASX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.

Finance Manila is owned and operated by ADVFN PLC.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V:fm D:20191014 02:25:46