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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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JP Morgan’s second quarter results offered a glimmer of hope amid the gloom that continued to envelop the financial industry this week, as fears mount over the size of the haircut that banks will have to take as part of any restructuring of European peripheral sovereign debt.
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Covered bond research analyst Ralf Burmeister, who is currently on paternity leave with Landesbank Baden-Württemberg, is due to switch to the buy-side and will start his new role in September. His decision to leave LBBW’s covered bond research team follows the departures of former colleagues, Jan King and Florian Eichert.
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Matej Chytil has joined Crédit Agricole’s covered bond trading team from National Bank of Slovakia. He is working on the Jumbo trading desk alongside Gavin Jackson and reports to Mariano Goldfischer who is head of trading at the firm.
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Matej Chytil has joined Crédit Agricole’s covered bond trading team from National Bank of Slovakia. He is working on the Jumbo trading desk alongside Gavin Jackson and reports to Mariano Goldfischer who is head of trading at the firm.
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Martin Egan has been appointed UK head of fixed income at BNP Paribas, as part of a strategic plan for the bank to develop its UK issuer and investor franchise. Egan will retain his responsibilities as global head of primary markets and origination but will now work more closely with other UK business lines within BNP Paribas to deepen the bank’s UK client base and to give more shape and structure to UK client activity.
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ANZ boosted its debt capital markets team, hiring Will Clay — a veteran banker from Bank of America Merrill Lynch — as its vice chairman of DCM in Asia.