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HSBC U.S. Wealth, Personal-Banking Head Sanchez to Leave Lender

  • Tara Latini will replace Sanchez from April 1 in New York
  • HSBC will unveil its latest strategy on Tuesday with earnings

HSBC Holdings Plc’s head of wealth and personal banking in the U.S. and Canada Pablo Sanchez is leaving the lender, to be succeeded by Tara Latini, according to a person familiar with the matter.

Sanchez is departing to pursue other opportunities, the person said, asking not to be identified discussing a private matter. Latini, who joined HSBC in 2004, will relocate to New York and take over as head of WPB on April 1, after holding the same position in Malaysia, the person said.