HSBC Boosts North American FX Effort With Deutsche Bank Staff

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NEW YORK -- HSBC USA hopes to boost its North American FX operations by 30% year-on-year, New-York-based treasurer Joe Petri told FX Week.

The firm last week hired three senior FX managers and two other FX traders from Deutsche in New York, and will make further hires, he said.

"The bank has made a commitment to North America," said Petri. "We hired people we felt to be the best in the market to boost client penetration and target hedge funds, corporates, financial institutions and private

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