A new day has dawned for the legal department of HSBC Holdings Plc. Stuart Levey was appointed chief legal officer last Friday. He will be based in London and report to Group Chief Executive Stuart Gulliver.
Levey comes to the financial services firm after years of working for the U.S. government. He most recently served as the first under secretary for terrorism and financial intelligence for the Treasury Department from July 2004 to February 2011. Additionally, he was principal associate deputy attorney general at the Justice Department, and spent 11 years in private practice prior to that.