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Stefan Jost will take over the role
New role includes digital assets
Sugrue specialised in covering the insurance and reinsurance sectors
Executive is moving to more senior role
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Goldman gives new positions to Marsh, Verri and Sorrell — Bain picks ESG boss — Falth turns up at Mizuho
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The General Court of the European Union has annulled three decisions of the Single Resolution Board on contributions banks have to make to the EU Resolution Fund. It said the Board had an "inherently opaque" process for calculating these fees.
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The European Central Bank (ECB) would gain more autonomy under new proposals on how to improve bank capital rules.
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If the European Central Bank (ECB) is serious about eventually scaling back its quantitative easing programme and encouraging a return to normal market funding, it will need all tools at its disposal. That suggests there is scope for an instrument that delivers a low cost of funding and supports the European economy. European Secured Notes (ESNs), which are likely to form part of the European Commission’s capital markets action plan, which is to be unveiled this Thursday, could provide the answer.
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Hampus Falth has started in a new syndicate job at Mizuho, after departing UBS late last year.
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José Manuel Campa, chairperson of the European Banking Authority, suggested on Monday that countercyclical capital buffers could be more effective if they were set in a harmonious way across jurisdictions.