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Stefan Jost will take over the role
New role includes digital assets
Sugrue specialised in covering the insurance and reinsurance sectors
Executive is moving to more senior role
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The PRA believes capital requirements can be useful in addressing the consequences of climate change
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Dejected banking sector says compromises on output floor are ‘better than nothing’
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Industry body says rigid buffers incentivise banks to cut credit during crises
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A review of EU crisis rules could lead to higher risks smaller banks' senior creditors
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Industry bodies want assurance that capital add-ons for excessive leverage will not become the norm
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Banker was in charge of wealth management and global markets as well as real estate asset management at the Greek bank until 2019