Senior infra banker exits HSBC

09 March 2020 - 12:00 am UTC

Arturo Recio, chairman of global infrastructure banking, has left HSBC.

London-based Recio left HSBC at the end of February, said a source.

He could not be reached and an HSBC spokesman declined comment. 

He is one of several senior banking departures from the London-headquartered bank in recent weeks. 

Early this year, Matthew Wallace, the former global head of energy and more recently global co-head of corporate finance coverage, left the bank. 

Prior to his current role. Recio was co-head of HSBC’s infrastructure and real estate group (IRE). The group was set up in 2016 to combine HSBC’s “power & utilities, transport and services & infrastructure event bankers with the product teams that primarily cover the same client base, including aviation and maritime finance, project finance, forfaiting, brownfield finance and export finance,” according to an HSBC memo.

He was previously global head of infrastructure banking.

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