HSBC Names Ex-Citadel Exec. Prime Brokerage Chief

Sep 8 2011 | 11:57am ET

Citadel Investment Group's former chief operating officer in Europe is now HSBC's top prime services executive.

Paul Hamill started his new job at HSBC Securities Services today, Financial News reports. He'll focus on both prime services and equity financing, while current head of prime services Cian Burke, who's also co-head of securities services, will take over exchange-traded and over-the-counter derivatives clearing.

Hamill will report to Burke and Patrick George, global head of equities.

Hamill left Citadel at the beginning of 2009. Last year, he started Foxley Asset Management with former CQS co-CEO Grant Thompson. That firm, which aims to combine hedge fund and traditional asset managers, has not formally launched, but Thompson continues to work on it.

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