Top Section/Ad
Top Section/Ad
Most recent
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
More articles/Ad
More articles/Ad
More articles
-
Marco Mazzucchelli, deputy chief executive of global banking and markets at RBS, is giving up his executive responsibilities and will take a new role as non-executive chairman of the bank's EMEA advisory council in July. The move was announced in a memo to staff from GBM chief executive John Hourican on Wednesday evening, released as he was returning to London from the bank's AGM in Scotland.
-
The UK’s Independent Commission on Banking took a hard line on contingent convertible bonds in its interim report this week, making clear its preference for common equity to be used by systemically important financial institutions (SIFIs). The commission also saw a place for bail-ins of senior debt as a way of protecting depositors.
-
Senators Carl Levin and Tom Coburn have compiled a 600 page report placing blame for the crisis on the usual range of suspects, including Goldman Sachs, the credit rating agencies, and the securitisation industry, particularly CDO structuring professionals.
-
European banks are increasingly being seen as closer to high yield credits than to sovereigns, and are unlikely to be able to raise the level of capital that they need without receiving more public support. These were among the depressing conclusions of an IMF report on Thursday that described a "maelstrom" of pressures on the sector.
-
Investec Bank has hired Jean-Pierre Albin from Commerzbank to work on its syndicate desk. He had worked on Commerz’s FIG syndicate since October 2010.
-
RBS today announced the appointment of Tim Skeet as a Managing Director in the Financial Institutions Group within Debt Capital Markets for the Nordic Region.