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New role includes digital assets
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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Jim Merli began his new job as head of debt origination and debt syndicate for the Americas at Nomura last week and called the scale of the challenge that the Japanese bank faces in becoming a player in the US bond markets a "unique opportunity".
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Timo Ruotsalainen will replace Martti Porkka as the new managing director of Aktia Real Estate Mortgage Bank. He starts on October 1. Ruotsalainen joins from Finland’s Municipality Finance, where he is head of funding until he leaves on August 27. He joined Municipality Finance in 2003.
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The European Central Bank called for a reassessment of banks’ funding strategies in its August monthly report published on Thursday this week. -
Goldman Sachs has promoted Jim Esposito (pictured) to chief operating officer of its global investment banking business. Esposito was global head of the bank’s investment grade unit, which included running the syndicate desks for the bank globally.
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Morgan Stanley has added Cécile Houlot as a managing director to its fixed income capital markets business to head its securitisation effort in Europe.
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Martti Porkka is stepping down as managing director of Aktia Real Estate Mortgage Bank in the autumn and will leave the Finnish covered bond issuer next year.
