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UBS Chief Marketing Officer John McDonald to Join HSBC HOLDINGS
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HSBC HOLDINGS (00005.HK) hired UBS' Chief Marketing Officer, John McDonald, to oversee marketing work, aiming to become the world's largest wealth management company outside the US in the coming years, according to Bloomberg.

McDonald will assume his new role in October. CEO of International Wealth and Premier Banking at HSBC HOLDINGS, Barry O'Byrne, said that McDonald's participation will not only enhance the Group's focus on wealth management but also accelerate growth, gain market share, and build an unique brand.

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