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HSBC PB hires Barclays discretionary boss as UK investment head

HSBC Private Bank Investment Group has hired Barclays' discretionary head Oliver Gregson as its new UK investment wealth boss.

Gregson, who becomes head of Private Bank Investment Group, UK & Channel Islands at HSBC, replaces Dan Ellis, who left the firm for RBC Wealth Management last July.  

Gregson has also had spells at UBS and Citi Private Bank in a career spanning 15 years and in his new capacity will focus on implementing HSBC's wealth strategy across the UK and Channel Islands.

His role will include responsibility for various teams that provide investment strategy, investment counselling, discretionary portfolio management, sales & trading, and wealth advisory services.

Gregson will be based in London, reporting to HSBC Private Bank chief executive Chris Allen and co-head of the private bank investment group, Jean-Christophe Gerard

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