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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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No co-heads this time for global markets and global banking
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Bank wants to expand its FIG advisory work in Europe, especially in insurance and loan portfolios
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StanChart promotes from within to fill gap
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Public sector bond banker has been with the bank for over a decade
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Alternative investment firm has over $9bn AUM
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Departure part of redundancy round in May