Capital One Bank hires HSBC's Terry O'Grady

Capital One Bank has hired Terry O'Grady as managing director and head of the Midwest Region for Capital One Business Credit. O'Grady will focus on business development and building a team to work on asset-based lending in the Midwest. He will be based in Chicago and report to Dan deBrauwere, head of Capital One's Business Credit unit. O'Grady was most recently commercial executive and head of the Midwest Region for HSBC's Commercial Lending Group. Before that, he worked as managing director at CIT and was a founding member of BMO Harris Bank's asset bank group.

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