HSBC US hires new regional market heads in wealth and personal banking unit



HSBC US Wealth and Personal Banking has appointed Clark Pingree and Dufresne “Didi” Nicolas as regional market heads for the West Coast and North regions, respectively.

The hires are part of Wealth and Personal Banking head Racquel Oden’s new growth strategy focused on supporting international and high net-worth clients. She joined the bank in December as the new US head of Wealth and Personal Banking.

The new regional market heads will focus on supporting advisory teams in their respective regions. The senior executives will report to Americas head of Global Private Banking and US Wealth Mark Pittsey.

Clark Pingree will be based in San Francisco. Previously, he served as executive director and market leader at First Republic, where he oversaw wealth advisors across several west coast markets, while leading the broader private wealth management trust, banking and planning businesses. Prior to First Republic, Pingree spent nearly 20 years in key leadership and private banking roles at Wells Fargo.

Didi Nicolas will be based in New York City. He brings over 30 years of wealth management and financial services experience. Previously, he worked at Bank of America Merrill Lynch, where he led teams across several key markets, most recently as director and market executive for Hartford and Associates Market.

Nicolas also held key leadership roles at Morgan Stanley and started his career as a financial advisor for PaineWebber.

“The addition of Clark and Didi to our team will only further our efforts to deliver on the wealth management and banking needs of our globally connected, affluent and private banking clients,” Racquel Oden said.

“We are excited to leverage their decades of wealth management experience to continue serving our clients who live and work across the US and around the world. Today’s announcement is the first of several new exciting hires that we will be sharing in the coming weeks as we grow our wealth management and financial planning team.”



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Edmund Shing, PhD

Global Chief Investment Officer
BNP Paribas Wealth Management

Edmund has over 29 years of experience in financial markets in a wide variety of positions, ranging from proprietary trading to portfolio manager in a number of financial institutions in London and Paris.  He previously held the role of Global Head of Equity and Derivative Strategy at BNP Paribas in London from 2015 to 2020, and has been Chief Investment Officer at BNP Paribas Wealth Management since November 2020.

Edmund is responsible for piloting our investment strategy and will continues to rollout out recommendations and themes with actionable advice that brings our expertise to our clients and support to our client-facing teams.  In this time of change, his expertise in following and anticipating markets is a true value added for both our customers and those at Wealth Management who serve them.

Edmund has a PhD in Cognitive and Computing Science from the University of Birmingham in the United Kingdom, and has done advanced studies in Knowledge-Based Systems and in Experimental Psychology.  He is an EFFAS-certified financial analyst. He has also authored the book “The Idle Investor” published by Harriman House in 2015, proposing 3 simple investment strategies that take only a few minutes to execute per month.

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