HSBC's new global custody head talks Japan and priorities for 2011
John van Verre, HSBC's head of global custody at HSBC Securities Services, has told ICFA there has been little impact to its business in Japan following the devastating earthquake and tsunami.
HSBC is the oldest bank in Japan and has been involved in sub-custody and clearing in the country for over 30 years. Reflecting on the March 11, 2011 earthquake and tsunami, John van Verre said: "First of all we would like to express our sympathy to the Japanese people. We have tremendous respect for the resilience of the Japanese people."
HSBC's business has managed to remain robust, despite the surrounding turmoil. Van Verre continued: "The Japan Securities Depository Centre has been providing
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