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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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Bank of America Merrill Lynch has torn up the tri-head structure that it had in place at the top of its global corporate and investment banking (GCIB) division, opting instead to promote Christian Meissner to be sole head.
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Royal Bank of Scotland has hired Citi’s AJ Davidson to head its hybrid capital team.
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The announcement of a €400m minimum bonus pool at a Dresdner Kleinwort internal town hall meeting in August 2008 is at the heart of a four-week court case that began this week at London’s Royal Courts of Justice.
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A reduction in bank lending in the wake of regulatory pressure is providing a springboard for fund managers looking for a stronger presence as emerging market lenders, according to David Creighton, CEO of Cordiant Capital, an investment manager.
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Mizuho Securities Asia has lost three managing directors, including its chief operating officer, in the last month, according to EuroWeek’s sister publication AsiamoneyPlus.
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Nomura has filled the vacancy at the top of its global fixed income operation following the recent departure of Tarun Jotwani, who had run the business alongside his role as overall head of global markets. Taking over responsibility for fixed income is Steve Ashley, who left RBS to join the Japanese bank in May 2010 as global head of rates.