HSBC taps another Citi veteran to drive wealth growth

By Stanley Yupu Li , senior reporter | 12 January 2026 | 2 minutes read

HSBC has hired another senior industry veteran from Citi to grow its wealth business. The UK lender appointed Valentín Valderrábano as chief commercial officer for International Wealth and Premier Banking (IWPB), effective 20 February 2026. Valderrábano will relocate from New York to Hong Kong and report to Barry O’Byrne, chief executive officer for IWPB at HSBC. In this role, he…

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