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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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Lazard has hired a team from Amias Berman to start a structured credit advisory business. Alan Patterson has joined as managing director, with Andrew Feachem, Juan Carlos Martorell, and Aman Panaech as directors and Abror Ismailov as vice president.
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Lazard has hired a team from Amias Berman to start a structured credit advisory business. Alan Patterson has joined as managing director, with Andrew Feachem, Juan Carlos Martorell, and Aman Panaech as directors and Abror Ismailov as vice president.
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Andrew Ryde has left RBC Capital Markets, where he was managing director of FIG origination.
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Moody’s on Thursday placed Bank of America Corporation (currently A2 senior), Citigroup Inc (A3) and Wells Fargo & Company (A1) on review for possible downgrade. Any ratings action will also affect subsidiaries of these parent companies.
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The world should not wait for final regulations on systemically important financial institutions (SIFIs) to be in place before taking action to mitigate risks, an IMF discussion paper recommended this week.
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FIG bankers this week welcomed a new Pimco fund dedicated to contingent capital instruments as a healthy development for the market. Asset manager Fleming Family & Partners is to provide initial capital to Pimco for the fund.