HSBC Holdings Plc (HSBA) hired JPMorgan Chase & Co. (JPM)’s Ben Laidler to head research in the Americas, according to a person familiar with the matter.

Laidler, who was head of Latin America strategy at JPMorgan, will oversee HSBC’s research across all assets in the Americas, said the person, who asked not to be identified because he isn’t allowed to speak publicly on the matter. Laidler, who will be based in New York and start in July, joined JPMorgan in 2007 after working at UBS AG in Santiago.

Juanita Gutierrez, an HSBC spokeswoman in New York, confirmed the appointment in a telephone interview. Patrick Boucher, HSBC’s current head of research for the Americas, will continue in the company in a different role, Gutierrez said.

To contact the reporters on this story: Veronica Navarro Espinosa in New York at vespinosa@bloomberg.net; Juan Pablo Spinetto in Rio de Janeiro at jspinetto@bloomberg.net

To contact the editor responsible for this story: David Papadopoulos at papadopoulos@bloomberg.net