HSBC hires UBS’s marketing chief John McDonald as it doubles down on wealth

HSBC hires UBS’s marketing chief John McDonald as it doubles down on wealth

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UBS marketing chief John McDonald will relocate from Zurich to London when he joins HSBC on 1 October

HSBC has hired UBS’s marketing chief John McDonald as the UK lender sets its sights on becoming a top wealth manager.

As the bank’s first ever chief marketing officer, McDonald will oversee the bank’s marketing, branding and client engagement efforts across international wealth and premier banking and corporate and institutional banking, as well as its Hong Kong and UK businesses, the firm said in a 5 August statement.