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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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Nomura announced global cost cuts of $1bn on Friday, part of a commitment to achieve ¥250bn ($3.2bn) of pre-tax profit from its group business by March 2016. The majority of these cuts will be to the bank's wholesale business.
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Simon White, Lloyds Banking Group’s head of senior and covered bond issuance, is to retire at the end of August after 33 years in the City.
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Simon White, Lloyds Banking Group’s head of senior issuance, is to retire at the end of August after 33 years in the City.
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The European Central Bank should be the single supervisor for all the continent’s lenders, the Association of German Banks (BDB) said this week. It made the call as the European Commission prepares formal proposals for a banking union.
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The UK Treasury Select Committee’s report into Libor fixing has criticised evidence given by Bob Diamond and other senior Barclays executives. It has also suggested softer treatment for firms that own up to wrongdoing voluntarily, writes Will Caiger-Smith.
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Barclays’ FIG originator David Lyon is leaving the industry to join Tony Blair Associates, the former UK prime minister’s consulting firm, to develop its business activities.