HSBC recruits Normile in ABS push

HSBC has hired Mike Normile, a veteran bonds banker, to a new role as head of term asset-backed debt for the Americas to spearhead the growth of its franchise.

Normile joins HSBC Securities (USA) after a decade at Merrill Lynch, where he was a managing director and worked in several roles in the bank's New York and London offices including head of global asset securitisation, leasing and project finance.

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