HSBC Securities Services has added Tim Faselt as global head of sales and relationship management, banks and broker dealers, The Asset reports. He will be in charge of handling all global sales and relationship activities for global custodian bank and broker dealer clients. Faselt will be based in New York, and will remain regional head of sub-custody and clearing, Americas. Before joining HSBC in 2006, he was associated with Bank of New York Mellon and Standard Chartered Bank.

Click here for the story from The Asset.

Click here for additional coverage from Fundamentals.