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Sugrue specialised in covering the insurance and reinsurance sectors
SSA DCM banker previously worked at RBC and Santander
New appointment comes amid strong Asian private placement activities
Executive is moving to more senior role
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Syndicate banker moves from Bank of America
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New role was created by reorganisation in spring
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Changes follow arrivals of Raghavan and Mangla from JP Morgan
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New chief executive makes first reorganisation with some senior bankers understood to be leaving
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Levfin is a priority for growth in investment bank