HSBC makes Millward covered co-head after McCormick exit
John Millward has been appointed co-head of covered bonds at HSBC, alongside Hugo Moore, following the departure of Michael McCormick to Credit Suisse.
Millward, a director in structured finance at HSBC, reports to Scott Dickens, global head of structured finance. He joined HSBC in 2006.
McCormick is joining Credit Suisse early next month as head of covered bond origination, replacing Richard Kemmish, who left the firm in February.