Finance
HSBC's Europe and Americas Banking Head Keefe Departs
Published by Global Banking & Finance Review®
Posted on April 14, 2026
2 min readLast updated: April 14, 2026
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Gerry Keefe, head of HSBC’s Europe and Americas banking, has resigned amid the bank’s ongoing global restructuring. Jo Miyake, current head of Asia and Middle East banking, will step in as interim.
HSBC's Europe and Americas Banking Chief Gerry Keefe Steps Down Amid Overhaul
Leadership Changes and Strategic Overhaul at HSBC
By Selena Li
Gerry Keefe's Resignation
HONG KONG, April 14 (Reuters) - HSBC's head of banking in Europe and the Americas Gerry Keefe has resigned, becoming the latest senior banker to depart since the bank's global overhaul launched in 2024.
The bank announced the news on Tuesday, according to an internal memo reviewed by Reuters and confirmed by a company spokesperson.
Interim Leadership Appointment
Jo Miyake Steps In
Jo Miyake, head of Asia and the Middle East banking, was named to take on Keefe’s role on an interim basis, the bank spokesperson said.
Background on Gerry Keefe
Role and Responsibilities
Keefe was appointed to the role of overseeing the bank's commercial and investment banking operations in the two regions about a year ago.
HSBC's Strategic Restructuring
Pivot to Asia and Business Closures
HSBC in a major restructuring to pivot to Asia, wound down its mergers and acquisition, and some equities businesses in the Americas and Europe in early 2025.
Keefe's Career at HSBC
Keefe, who joined HSBC from Citigroup in 2021 as head of banking for Americas, was among the high-profile bankers the European bank hired to try to boost its U.S. dealmaking.
Other Recent Departures
Last September, HSBC's former head of U.S. banking Lisa McGeough left to join rival Deutsche Bank.
(Reporting by Selena Li; editing by Barbara Lewis)
Key Takeaways
- •Gerry Keefe joined HSBC from Citigroup in 2021 and took over Europe & Americas banking about one year ago, now departing amid strategic overhaul (linkedin.com)
- •Jo Miyake, head of Asia & Middle East banking, is interim successor, reinforcing HSBC’s pivot toward Asia in its global reorganisation (hsbc.com)
- •HSBC has been scaling back M&A and equities in the West since early 2025, reallocating resources to Asia and wealth management growth markets (investing.com)
References
Frequently Asked Questions about HSBC's Europe and Americas banking head Keefe departs
1Who has resigned from HSBC's Europe and Americas banking head position?
Gerry Keefe has resigned as HSBC's head of banking in Europe and the Americas.
2Who is replacing Gerry Keefe at HSBC?
Jo Miyake, currently head of Asia and the Middle East banking, will serve as interim head.
3Why did Gerry Keefe leave HSBC?
Gerry Keefe's departure follows HSBC's global restructuring and strategic shift towards Asia.
4When was Gerry Keefe appointed to his HSBC role?
Gerry Keefe was appointed to oversee HSBC’s commercial and investment banking in Europe and the Americas about a year ago.
5What restructuring actions has HSBC taken recently?
HSBC has wound down its mergers and acquisition and some equities businesses in the Americas and Europe as part of its pivot to Asia.
