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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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Royal Bank of Canada has acquired Loudon Capital Partners, a boutique FIG advisory firm. Mike Carter and Robin Mackie, the principals at Loudon, will now head RBC Capital Markets’ European FIG group.
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Emerging market banks are getting bigger and bolder. As developed market firms struggle to maintain returns in the face of regulatory upheaval — often stepping back from earlier ambitious forays into emerging markets — there is a gap opening up that local banks are only too eager to fill.
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Craig Lowery has been put in charge of all funding activities for TD Financial Bank Group in an internal reorganisation that became effective on December 2.
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Market participants have welcomed the decision by Standard & Poor’s to rate contingent capital instruments and new generation hybrids. In a consultation paper released this week, the agency is proposing to rate these instruments and has set out its methodology.
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Jozef Prokeš has joined BlackRock as a portfolio manager to help boost the investment management firm’s covered bond focus.