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Sugrue specialised in covering the insurance and reinsurance sectors
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Meanwhile, BNP Paribas hires in structured finance
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Liquidity event at American manager comes at fraught time for industry
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News could lead bank funding to dry up, after strong run of demand in private market
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Investment bank, like the group, wants to diversify outside France, and will lead with its strongest suit, real assets
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No one is sure when AI's threat will strike, or where
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EU regulator to weigh competing governance and cost models
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