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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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Private Russian lender Promsvyazbank has appointed Vladislav Khokhlov as chief financial officer. He will report to his predecessor Alexandra Volchenko, who has become first vice president of the bank.
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Crédit Agricole CIB’s Bruce Cairnduff is relocating to Hong Kong as head of debt capital markets for Asia, including Japan, in a move that signals the firm’s ambitions in the region.
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Former Société Générale covered bond analyst, Jose Sarafana, on Monday began a new job in credit sales at Aurel-BGC in Paris. Jean-David Cirotteau has taken on his former responsibilities at SG.
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Central banks’ rapid and unprecedented balance sheet expansion is increasing the risks of financial stability, the head of the Bank for International Settlements has said in a speech that also called for individual lenders to do more to strengthen their own balance sheets, writes Katie Llanos-Small.
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ABN Amro has quickly grown its Asian debt solutions team this year, helping the bank win mandates on more than $2bn of syndicated loans since January. But the longer term goal is to build a fully-fledged debt capital markets franchise, senior bank officials told EuroWeek Asia.
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Senior FIG bankers gave a tentative welcome to this week’s discussion among European leaders of a banking union, saying that the proposal had many merits. But they cautioned that it could hit political hurdles, writes Katie Llanos-Small.