HSBC has named George Crosby as president
of HSBC Private Bank International, based in Miami, FL, and responsible for all
activities covering the Latin American markets in the US.

He reports to Marlon Young, head of HSBC
global private banking for the Americas.

Crosby previously served as group head for
Brazil at HSBC Private Bank International, overseeing a team of bankers in
Miami and New York. It is unclear at this stage if anyone will replace Crosby as group head for Brazil. 

Crosby joined HSBC in 2004 as head of the
Brazil team, before which he was head of ABN AMRO’s Miami and LatAm segments.
Earlier, he served as managing director of Brazilian bank Itau Europa,
based in Luxembourg, having starting his private banking career with Bank of Boston
in 1983.

Crosby serves on the board of HSBC Private
Bank International in Miami and is also president of the board of directors of
the Florida International Banking Association.

“His leadership will be a great asset to HSBC as we enhance our focus on the needs of our clients in this dynamic region and continue to grow both our international presence and the important high net worth customer segments,” Young said.