 In September 2018, HSBC announced that Antonio Simoes will replace Peter Boyles as chief executive for global private banking from January 2019.Peter Boyles, a 43 years veteran with HSBC, has decided to retire from the bank.HSBC provides more than 54 million customers worldwide with a full range of personal financial services, including current and savings accounts, mortgage loans, car financing, insurance, credit cards, loans, pensions and investments.