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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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Citi has hired Ralf Kortuem to head its EMEA ratings advisory team across banking and capital markets origination.
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Amir Hoveyda, head of European debt capital markets at Bank of America Merrill Lynch, is leaving the bank. The move follows recent management changes in the bank’s global capital markets division.
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Kees Westermann has left Clifford Chance for Linklaters, where he will head a new structured finance practice for the firm in Amsterdam that will take in covered bonds.
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Just days after Bank of America Merrill Lynch’s European head of debt capital markets Amir Hoveyda resigned, Sid Prasad, the bank’s head of FIG capital markets and financing, has also quit.
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Brian Lazell, a 25 year debt capital markets veteran, has returned from retirement to run the UK arm of a US private bank and capital markets boutique.
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The European Commission launched a public consultation on further changes to its Capital Requirements Directive (CRD) last Friday. Its proposals include eliminating innovative and dated hybrids and imposing minimum liquidity and funding levels.