HSBC Says North America CEO Booker to Leave After 30 Years

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HSBC Holdings Plc, Europe’s largest bank, said Niall Booker, group managing director and chief executive officer of HSBC North America Holdings Inc., is leaving after three decades with the bank to be replaced by Irene Dorner.

Dorner, group general manager and president and CEO of HSBC USA will take the new role on Nov. 1, HSBC said in statement today. Patrick Burke, group general manager and CEO of HSBC Finance Corp., will report to Dorner.