HSBC Appoints Former JPMorgan Chase Executive Racquel Oden as US Head of Wealth and Personal Banking

HSBC Bank announced Racquel Oden as its new U.S. head for wealth and personal banking on Monday, Sept. 18. Entrusted with global private banking, retail, and wealth management in the U.S., Oden's prior experience includes leadership roles at JPMorgan Chase. Michael Roberts, CEO of U.S. and Americas, expressed strong optimism about Oden's appointment.

Oden will assume the role of HSBC USA's head of wealth and personal banking starting in December. With her appointment, she will work at the office in New York and directly report to the bank's chief executive officer of U.S. and Americas, Michael Roberts.

Roberts said he is quite excited to work with Oden as he looks forward to what she can contribute to the company. He added that her extensive experience in the financial industry will play a big role in bolstering HSBC's commitment to serving globally connected clients with high net worths.

"We are thrilled to welcome Racquel to HSBC, the Wealth and Personal Banking business plays a key role in HSBC's overall growth strategy in the U.S.," Roberts said in a press release. "Racquel's extensive industry experience will be instrumental as we strengthen our focus on serving globally connected and high net worth clients."

Oden said she is very excited to join HSBC and lead its Wealth and Personal Banking business in the U.S. She added that she "looks forward to working with my new colleagues in the U.S. and around the world to continue to build and grow a platform that leverages HSBC's unparalleled international network to serve the unique needs of our clients."

Meanwhile, before her move to HSBC, Racquel Oden worked as the Head of Network Expansion for Consumer Banking at JPMorgan Chase. Her other former posts are head of National Sales at JPMorgan Chase for consumer banking and wealth management.

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