HSBC has tapped Brian Heyworth, head of international global markets sales at Bank of America in London, to head sales for Europe and the Middle East. The role, which includes credit derivatives, became free with the transfer of Rod Prat, managing director, to New York to become global head of sales. Heyworth was on gardening leave and could not be reached. He will start Sept. 25.
At BofA, Heyworth reported to Jonathan Moulds, head of international global markets, and Mark Miller, head of global markets sales, and was responsible for the distribution of all debt and equity products to investors in Europe and Asia. Neither Miller nor Moulds could be reached immediately. Liz Wood, spokeswoman in London, said Heyworth's remit will be assumed in Europe by Jeff Pagano, head of liquid products for EMEA, and in Asia by Alvin Chua.
Richard Lindsay, spokesman for HSBC in London, said Prat's move to New York is not part of a wider department shuffle. Prat joined HSBC in 2004 from Deutsche Bank in London, where he was head of European financial institution fixed-income sales. Prior to this he was at Goldman Sachs.
