People: HSBC to add 1,000 in retail, wealth management; Chubb Life gets HK head; Former AUS PM joins MaxCap

People: HSBC to add 1,000 in retail, wealth management; Chubb Life gets HK head; Former AUS PM joins MaxCap

A man walks past a logo of HSBC outside a branch at the financial Central district in Hong Kong, China June 2, 2015. REUTERS/Bobby Yip/File Photo

HSBC will hire 1,000 new people in its retail and wealth management unit this year as it expands in Southern China. In another news, global insurer Chubb Life has appointed Michael Ho as the Hong Kong Country President. Meanwhile, Australia’s commercial real estate debt and investment firm MaxCap Group has appointed former Australian PM Paul Keating at a Director and a member of the MaxCap Board.

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