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Sugrue specialised in covering the insurance and reinsurance sectors
Executive is moving to more senior role
Crédit Agricole reorganises loans business amid busy hires and promotions in industry
‘New kid on the block’ disrupts established order with lead role on Schroders takeover
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Ali Hussain is set to leave his job as London-based head of MTNs at Deutsche Bank to take up a new position in the bank’s commodities structuring division for CEMEA, EuroWeek understands. Johannes Maerklin — who runs the bank’s MTN desk in Frankfurt — will take over.
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Fears mounted this week that the manner in which Spain might be required to recapitalise its banks could end up creating more pain for the sovereign.
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Andrea Enria, chair of the European Banking Authority, warned this week of the risk of a division between the eurozone and the rest of the European Union as banking union was implemented.
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Common guarantee funds planned under European banking union legislation tabled this week will go a long way towards decoupling sovereign and bank risk, analysts said this week.
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Crédit Agricole has promoted its head of covered bond syndicate to a more wider-reaching role covering financial institutions and ABS.
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Dubai-based Emirates NBD has appointed Aazar Ali Khwaja as its group treasurer. He reports to group CEO Rick Pudner and replaces the bank’s former general manager of global markets and treasury John Eldredge, who left earlier this year after working at ENBD since August 2004.