Bank appoints new director to support mid-market companies

The bank HSBC has bolstered its support for mid-market businesses across Liverpool, Cheshire, North Wales and North Staffordshire with the appointment of a new area director.

In his new role, Tom Carter will be responsible for leading the growth of the mid-market team, supporting firms with annual turnovers between £6.5m and £350m.

Carter has extensive experience across the banking sector in the North West. Since joining HSBC in 2003, he has spent the majority of his career within the bank’s corporate business, principally in the North West following his previous roles in the large corporate team and more recently as deputy area director in Greater Manchester.

As area director, he will oversee a team of 25 relationship managers and support teams and will support public and private sector businesses with tailored funding, risk and cash management tools and international trade expertise.

Carter said: “Mid-market firms play an important role in the ongoing success story of the regions.

“We have so many ambitious businesses in our area that are keen to grow locally, nationally and internationally.

“We are committed to providing the right level of support that will help them achieve their aspirations and take them to the next level.

“We are keen differentiate ourselves from the market and to provide significant value adding benefits to our clients over and above traditional banking services”

David Beaty, HSBC’s regional commercial cirector for the North West, said: “HSBC in the North West is a thriving part of our corporate banking business, and we are seeing an increased demand from businesses within the region for facilities to support their growth aspirations.

“Tom brings a wealth of knowledge and experience to his new role, which will further strengthen our mid-market team.”