HSBC welcomes Michael Cummins – Head of U.S. Payments and Cash Management

Responsible for all aspects of the U.S. Payments and Cash Management business

HSBC Bank USA, has appointed Michael Cummins as the head of Payments and Cash Management in the US (view press release). He will be based in NYC and jointly report to Head of Commercial Banking for North America Steve Bottomley and Diane Reyes Global Head of Payments and Cash Management. Cummins, who will start working in August, will be responsible for all aspects of the U.S. Payments and Cash Management business, such as sales, client and business management, product strategy and innovation and control and risk management. Cummins was previously employed by J.P. Morgan Chase, where he worked for 20 years in the treasury and commercial businesses. He has recently served as an MD and sales executive at J.P. Morgan Treasury Services overseeing the Corporate Client Banking segment. Prior to this, Cummins created and staffed the Public Sector segment of J.P. Morgan Treasury Services, after J.P. Morgan merged with Bank One, and was previously employed by Bank One as a sales executive. Cummins, a graduate of the University of Rhode Island and M.B.A. at Columbia University, began his career in 1992 as an operations management trainee at Chemical Bank.

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