HSBC has appointed Paul Busby as head of prime services sales, Americas, with immediate effect.

Busby previously worked at Bankers Trust and Deutsche Bank for 18 years, most recently as managing director and co-head of equity finance Americas. 

Busby will report locally into Tom O'Leary, head of equities, Americas and functionally into Chris Barrow, global head of prime services sales.

Also joining the bank, Brian Hughes will report locally into Paul Busby and functionally into Terry Minkey, global head of prime services client services. He joins as client services manager to cover clients in the US market.

Paul Hamill, global head of prime services, says: "This US presence is a significant commitment and major step forward in the continued build out of the prime services platform globally.  We are committed to providing all of our clients with the highest levels of client service and having people on the ground will enable us to react to client needs."