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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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Investment banking, especially fixed income, was the gaping hole in the road all five top US banks had to travel in the third quarter. But the damage it did to them varied extremely widely, suggesting that trading decisions, as well as client flows, may have played a part.
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Royal Bank of Scotland has hired a DCM banker from Société Générale for its FIG DCM team.
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The Basel Committee on Banking Supervision this week demonstrated its antipathy towards banks’ practice of calling subordinated capital instruments when it would be more expensive to replace them at market rates.
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Warren Buffett may not have had a nasty surprise over his cornflakes this week — but other Bank of America investors might.
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Royal Bank of Scotland has hired a DCM banker from Société Générale for its FIG DCM team.
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Nomura has hired James Kalbermatter from Morgan Stanley, to take over the head of SSA and covered bond trading position left by Ben Moulle.