McDonagh rising at HSBC

Brendan McDonagh, who once was HSBC Bank USA's top officer in Buffalo, has been named chief executive officer of HSBC North America Holdings Inc.
The unit is London-based HSBC Holdings PLC's banking and consumer finance businesses in the United States and Canada McDonagh, a 28-year veteran of international banking with HSBC, also becomes a group managing director of HSBC Holdings PLC and joins the Group Management Board.
In 2004-2006, while based in Buffalo, he was chief operating officer of HSBC Bank USA NA and oversaw the significant expansion of the bank¹s brand and its U.S. consumer and commercial network.
For the past year he has been chief executive of Illinois-based HSBC Finance Corp.
credited by bizjournals.com.com