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15 September 2015
London
Reporter Drew Nicol

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HSBC appoints new head of securities services

HSBC Securities Services has appointed Rafael Moral Santiago as head of securities services in Europe.

Santiago, who joins HSBC on 1 December, will be responsible for the securities services business across Europe and leading its growth agenda.

HSBC Securities Services is a part of the bank’s global banking and markets business.

Santiago will join HSBC from Deutsche Bank, where he spent 13 years in a variety of roles including his most recent of global head of investor services, which saw him oversee custody and clearing, fund services and agency securities lending.

He will report to Cian Burke, global head of securities services at HSBC, and be based in London.

In addition to his new responsibility, Santiago will also form part of the HSBC Securities Services executive committee.

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