HSBC Bank USA veteran Todd Fruhbeis (pictured) has parted ways with the UK banking group after 15 years. The New York-based wealth management sales for the Americas executive had responsibility for the sales of markets products for retail and high net worth distribution channels in the Americas, since 2005.
Prior to HSBC, Fruhbeis spent eight years as a managing director, equity derivatives, at Bear Stearns and two years with Deutsche Bank in equity derivative sales. Fruhbeis’ responsibilities will be taken over Christopher Rosen, managing director and head of institutional equity derivative sales, Americas, another long-lasting HSBC executive. Rosen joined HSBC as managing director of wealth management sales in 2006 from UBS where he had a one-year stint as a director. Prior to that, Rosen
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