Mato Expands I-Bank Role at HSBC

Gerardo Mato, HSBC’s LatAm DCM veteran, has expanded his reach at the UK bank. Mato and Tom Cole were recently named co-heads of global banking, Americas. They report locally to Paul Lawrence, head of global banking and markets, Americas and functionally to Robin Phillips, head of global banking, according to an internal memo. Mato also retains his role and title as head of global capital markets-Americas. The shop is billing the move as a “further step in HSBC’s execution of its emerging markets-led and financing-focused strategy.”