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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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Robert McAdie, Barclays Capital’s head of global credit strategy and European credit research, has left the bank.
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Banks have pushed back against many of the Basel Committee on Banking Supervision proposals on tougher liquidity and capital requirements in their comments to the consultation.
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Lloyds TSB has switched Kenneth Madill, who had been working on the financial institutions syndicate, to running the MTN desk. The bank said it could not comment further on its MTN plans at this stage.
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Deutsche Bank has hired a senior Goldman Sachs banker as European head of distressed trading, it said on Wednesday.
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Credit Suisse reported worse than expected results from its fixed income unit when it reported its first quarter figures on Thursday, contrasting with improvements in the business at its competitors. The shares lost 3% in early morning trading.