HSBC names new London chief

Brown, currently head of FX for Asia-Pacific, takes on the position previously occupied by Rob Loewy. He left HSBC on March 1, after 15 years with the bank (FX Week, March 8).

Mike Powell, head of global markets and treasurer for Europe, has been managing FX in London on a temporary basis since Loewy’s departure.

HSBC has also hired Adrian Boehler to manage FX sales to financial institutions in the UK and Europe, reporting to James Tanner, European head of global market sales to financial in