HSBC hires two and moves to build out FX prime brokerage

Ferretti will be responsible for structuring and developing FXPB, while Miller joins as head of institutional sales, Americas

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Building blocks: "Mike’s expertise and noteworthy track record of helping clients accomplish their goals immediately puts us in a stronger position to successfully grow our bespoke FX services" - Vincent Bonamy

HSBC has made two hires in New York and is moving to build out its foreign exchange prime brokerage (PB) services.

Michael Ferretti has joined the bank as regional head of global intermediary services (GIS) for the Americas; a newly created role in which he will be immediately tasked with structuring and developing HSBC’s FXPB services.

GIS aims to provide clients with access to a wide range of advanced services that offer support throughout the lifecycle of their FX execution strategies and

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