HSBC Appoints Michael Roberts CEO of US Business

Michael Roberts has been appointed president and chief executive officer of HSBC in the US, replacing Patrick Burke who announced plans to retire from HSBC. Confirmation of the specific retirement and appointment dates are to be announced by the bank soon, according to a story in The Trade news. Burke first joined HSBC in 1989 as a deputy director of mergers and acquisitions. Burke has been CEO of HSBC in the US since November 2014, overseeing the firm’s US operations which serve domestic and international clients across retail banking and wealth management, commercial banking, global private banking, and global markets.