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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
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Martin Rohland is leaving Landesbank Baden-Württemberg to join Barclays Capital’s covered bond syndicate team, The Cover understands.
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Wolfgang Groth has been appointed to the management board of Deutsche Pfandbriefbank as treasurer, with effect from January 1 2011, replacing Kai Wilhelm Franzmeyer.
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John van Boxmeer will leave the treasury and balance sheet management department of TD Financial Bank Group at the end of January 2011. Meanwhile, independently of van Boxmeer’s move, a reorganisation of the department has put Craig Lowery in charge of all funding activities at TD, The Cover understands.
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Simon Prior-Palmer, former head of UK investment banking at Credit Suisse, will become a senior adviser on investment banking to the Financial Services Authority.
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Deutsche Bank has overhauled its debt capital markets business, broadening its scope to include areas where it thinks a joined-up approach is increasingly important for treasury clients.
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The Basel Committee for Banking Supervision said this week that it was on track to release the final Basel III package by the end of the year. The statement was broadly welcomed by market participants but there was still anxiety over whether the final rules would lead to further uncertainty.