HSBC Names James Willis Global Precious Metals Sales Lead

HSBC hired JP Morgan executive James Willis to lead global precious metals sales. The move comes amid a broader reshuffle of trading teams at major bullion banks.

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HSBC HOLDINGS PLC has appointed a senior executive from JPMORGAN CHASE & CO to lead its global precious metals sales, according to sources familiar with the matter. James Willis, who spent two decades at JPMorgan, is expected to join the bank in mid-2026. This recruitment follows the recent addition of Mark Augustynak, who joined from ICBC Standard Bank earlier this month to head the global metals trading division at HSBC.

An illustration shows the logo of HSBC Bank, captured in March 2023. Photo by Dado Ruvic/Reuters
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