Further exits from HSBC’s securities services business, following the senior management changes implemented earlier this year. After Ronnie Griffin – widely regarded as one of the best trust and depositary managers in Europe – left earlier this year, it is understood that CP Yap, who was appointed head of fund services at the end of 2022, and Alistair Bentivoglio, head of global product delivery, have left the firm. HSBC declined to comment.
