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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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Adam Gaydon, head of flow syndicate at Société Générale in London, has resigned from the bank to return to his native Australia, EuroWeek understands.
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Axel Wieandt has resigned as the chief executive of Hypo Real Estate because of differences with Germany’s Financial Market Stabilisation Fund (SoFFin) over the management of the company.
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Luca Bertalot, head of the European Covered Bond Council, has been appointed deputy secretary general of the European Mortgage Federation.
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The European Central Bank has bowed to the inevitable and reversed its hardline stance on ending the temporary relaxation of its rating criteria for Eurosystem collateral. The move offers a reprieve for Greece and for banks with exposure to the country, as bonds issued by the government faced becoming ineligible when the rating criteria reverted
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BNP Paribas has reorganised its global debt syndicate, promoting European co-heads Rob Whichello and Fred Zorzi to joint heads of global syndicate.
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David Loughran has joined Lloyds TSB Corporate Markets as a director on the bond syndicate team. He will focus on financial institutions and report to Robin Stoole, head of bond syndicate.