Ford has more than 17 years in Asia, having joined HSBC in 2010 to lead the relationship management function for Hedge Funds in Asia. Prior to joining HSBC, he built and ran the prime services business at both BoA Merrill Lynch and Deutsche Bank.
Commenting on the appointment Paul Hamill, global head of prime services, said, “Prime services is a key initiative for HSBC, and with the strategic importance of the Asian market, we are keen to ensure we have a high quality team in place. Melvyn is an important part of this and we are delighted that he has taken on the responsibility of ensuring the ongoing success of the business.”
In recent years HSBC has invested in its equity sales and trading capabilities along with its research which it hopes will dovetail into its prime services business.