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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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Santander GBM has hired a managing director to join its FIG franchise in London, in a move reflecting its growing market share in the business area.
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For a bank trying to rehabilitate itself after its corporate culture has been shown to be woeful, it helps to bring an expert on board. On Thursday night Barclays did just that, hiring as its new chairman David Walker, the man who wrote the book on corporate governance for UK banks.
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UK regulators went on the defensive this week in an effort to counter politicians’ criticism that they were "asleep at the wheel" while traders and other staff at Barclays sought to manipulate the Libor fixing process before and during the credit crisis.
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The new head of Nomura's wholesale business told investors on Thursday that the bank would be more selective in its approach in future. But he said that it would not embark on a big change of strategy, and remained committed to its expansion in Asia in particular.
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BNP Paribas has appointed Thierry Marais to its FIG coverage team, with a focus on French financial institutions.
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Royal Bank of Scotland has hired a hybrid structuring specialist from Citi’s New York office, as the UK bank builds up capacity in the area. Laura Stephenson started at RBS on Monday in the London-based hybrid structuring team.