Deals
HSBC Hires Citi’s McLane as Corporate Development Head
- McLane slated to start position at HSBC in late summer
- Europe’s biggest bank has been continuing its pivot to Asia
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HSBC Holdings Plc has hired Will McLane, vice chairman of Citigroup Inc.’s global financial institutions group, as head of global corporate development, people with knowledge of the matter said.
McLane is slated to start at HSBC in late summer, the people said, asking not to be identified because the information is private. He is expected to help the London-based bank develop strategic initiatives, look for acquisition opportunities and form technology partnerships, one of the people said.