The firm is planning to move Cruz to Sao Paulo, later this year to be head of Brazil ECM, while spearheading the origination and execution of ECM transactions across the region as a senior member of the Latin America ECM team.
HSBC of global banking for the Americas CEO Gerardo Mato said Matias is a banker with a deep knowledge of the equity capital markets and an excellent record in executing deals for Brazilian and Latin American companies.
"His skill set combined with HSBC’s presence in key markets around the world will allow us to dedicate more resources to Latin America while strategically supporting our global banking clients who are looking to HSBC for a wide range of capital raising solutions," Mato added.
Santa Cruz joins HSBC after over eleven years of association with UBS serving it in Europe, the US and Latin America.
As of 31 December 2011, HSBC Bank USA had total assets of $206bn and serves 3.8 million customers through its personal financial services, commercial banking, private banking, asset management, and global banking and markets segments.
