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HSBC Private Bank Bolsters Roster with New Head of Central Region

HSBC Private Bank announced that Bill Shannon recently joined as Head of the Central Region. Based in Chicago, Bill will be responsible for growing the US business in an important target area of the country. He leads a team of professionals serving the investment management, lending, trust, wealth planning and banking needs of high net worth and ultra-high net worth clients. He has more than 20 years of experience in wealth management.

“We are thrilled to have Bill join our team,” said Joe Abruzzo, Head of HSBC Private Bank, North America. “His experience in the industry, knowledge of the market and dedication to client service will be instrumental in growing our business in this important region.”

Bill received a bachelor’s degree in economics from the University of Illinois at Urbana/Champaign including a semester at Denmark’s International Study Program in Copenhagen. He also holds a MBA with distinction in international business and finance from DePaul University in Chicago. Bill was also awarded the Certified Investment Management Analyst (CIMA®) designation after studying at The Wharton School of the University of Pennsylvania.

"I look forward to utilizing HSBC’s proposition to provide the best ideas, service and advice for clients,” said Shannon.

An active Board Member of the Barrington Area Community Foundation and WINGS Program, Inc., Bill lives in the Chicago area with his wife Heidi and four children.

HSBC Bank USA, National Association (HSBC Bank USA, N.A.), with total assets of US$206.2bn as of 30 June 2016 (US GAAP), serves 2.4 million customers through retail banking and wealth management, commercial banking, private banking, asset management, and global banking and markets segments. It operates more than 229 bank branches throughout the United States. There are over 145 in New York as well as branches in: California; Connecticut; Delaware; Washington, D.C.; Florida; Maryland; New Jersey; Pennsylvania; Virginia; and Washington. HSBC Bank USA, N.A. is the principal subsidiary of HSBC USA Inc., an indirect, wholly-owned subsidiary of HSBC North America Holdings Inc. HSBC Bank USA, N.A. is a Member of the FDIC.