HSBC Fortifies APAC FX Team, Adding Peadar Ward as Sales Head

HSBC has just appointed Peadar Ward as its newest Head of Institutional FX Sales for the Asia-Pacific (APAC) Asia-Pacific (APAC) The Asia-Pacific (APAC) region is one of the fastest growing in terms of population. This region in particular is of great importance to the financial services industry, as it is seen as the largest growth market for clients.APAC is comprised of diverse currency markets that are shaped by various and, at times, competing forces, from global regulation to local capital controls.The region has been seen as one of the hardest to enter by FX brokers for this reason, as well as grappling cultural or The Asia-Pacific (APAC) region is one of the fastest growing in terms of population. This region in particular is of great importance to the financial services industry, as it is seen as the largest growth market for clients.APAC is comprised of diverse currency markets that are shaped by various and, at times, competing forces, from global regulation to local capital controls.The region has been seen as one of the hardest to enter by FX brokers for this reason, as well as grappling cultural or Read this Term) region, following a yearlong absence from the market after his departure from Goldman Sachs.

In his new role at HSBC as the FX Sales Head, Mr. Ward will focus specifically on the institutional realm in the APAC region, reporting to Tony Shaw, the Head of Institutional FX & flow rates at HSBC.

The recent announcement of the hire comes after Mr. Ward was off the radar of the FX industry for over a year, on the heels of his exit from Goldman Sachs, where he served as Managing Director. He has copious amounts of experience in FX Sales, having worked with Goldman mainstay, Peter Tomozawa, in New York for a lengthy period of time.