HSBC Bank USA NA is bolstering its presence in the fashion space.
Eric Fisch has been named head of apparel and senior vice president, middle market commercial banking, for HSBC Bank.
In his new role, Fisch will oversee business development and commercial banking services for apparel companies nationally. Fisch joined the bank in 2003, and moved to Los Angeles in 2010 to develop the bank’s West Coast presence in the apparel industry. While in New York, he worked with Diane D’Erasmo, vice chair of U.S. Commercial Banking, to expand HSBC’s apparel business in New York and across the country. He currently serves on the Executive Council for the City of Hope Fashion and Retail Industry Group in L.A.
D’Erasmo said, “Eric is a veteran apparel financier whose bicoastal experience will help our clients succeed both here and abroad, as well as all along the apparel supply chain.”
D’Erasmo added that the bank has been active financing trade for more than 150 years, with the apparel industry a core focus and a strategic area of growth for HSBC.