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HSBC Private Bank welcomes new team

13 June 2007

HSBC Private Bank is pleased to announce the appointment of Rupert Allison, Nick Milne and Nancy Ross from Barclays Wealth to its Wealth Management and Investment Group, which advises some of the wealthiest and most sophisticated clients in the UK and around the world on the most appropriate structures for their financial affairs.

Rupert Allison joins as a Director, having worked with some of Barclays Wealth's top clients. He was also a team leader and member of the management committee. His previous experience includes roles at Indosuez, Gartmore and MIM Britannia, before joining BZW Portfolio Management.

Nick Milne will also join as a Director and has spent the majority of his career with Barclays, most recently as a private banker at Barclays Wealth. He originally worked for De Zoete and Bevan, and then BZW Portfolio Management following the acquisition by Barclays, where he was a Director and team leader of BPB Investment Management UK.

Nancy Ross comes to HSBC Private Bank as an Associate Director having been a Relationship Manager at Barclays Wealth. She previously worked in the investment industry in Canada.

We are delighted to welcome such and experienced team to HSBC Private Bank," comments Declan Sheehan, Chief Executive of HSBC Private Bank (UK) Ltd. "OurĀ  Wealth and Investment Group is growing strongly and it is testament to their standing in the industry that they can attract a team of this calibre. We are committed to making ourselves the home of choice for the best in our business and I look forward to working with them."

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