By Polina Devitt LONDON, April 13 (Reuters) - HSBC, one of the world's largest bullion-trading banks, is hiring Mark Augustynak, a metals trader at ICBC Standard Bank, to head its global metals
HSBC Appoints Former ICBC Standard Bank Trader to Head Global Metals Trading
HSBC's Strategic Appointment in Global Metals Trading
By Polina Devitt
HSBC's New Leadership in Metals Trading
LONDON, April 13 (Reuters) - HSBC, one of the world's largest bullion-trading banks, is hiring Mark Augustynak, a metals trader at ICBC Standard Bank, to head its global metals trading business, two sources with knowledge of the matter told Reuters.
Market Makers in London Bullion Trading
HSBC, along with ICBC Standard Bank, JPMorgan and UBS, is a market maker and clearer in London, the world's largest over-the-counter gold-trading hub, where market players trade directly with each other rather than via an exchange.
Mark Augustynak's Experience and Expected Start Date
Augustynak, with 20 years of experience in linear precious metals trading, is expected to join HSBC in mid-2026, one of the sources said.
Background and Industry Movements
HSBC's Search for New Leadership
HSBC did not immediately reply to a Reuters request for comment sent outside normal business hours.
HSBC has been searching for a new head of metals trading after Vincent Domien left the bank in late 2025 to join crypto group Tether, an active gold investor nL1N3YT0FN. Tether let Domien go in March, sources told nL1N40J0T4 Reuters last month.
Vincent Domien's New Role
Domien is now set to join ICBC Standard Bank as its head of metals trading, the two sources said.
(Reporting by Polina Devitt; Editing by Veronica Brown and Chizu Nomiyama )
