HSBC Shifts Treasurer Stewart To London To Establish Global Market-Risk Group
BANKS
Midland Global Markets' former New York treasurer, Iain Stewart, has been moved to London to lead a new, global market-risk group for HSBC Holdings as a whole, Stewart confirms. The new group, which builds on one already existing at Midland, will allow HSBC to centralise and improve its systems and models for managing its overall market risk position, says Stewart.
Stewart was replaced in New York by Herbert Evers, formerly president of HSBC subsidiary Carroll McEntee & McGinley Inc., a U.S
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