SG Corporate and Investment Banking has strengthened its US team by shifting Philippe Mathé, its head of coverage for Europe, from London to New York to run its corporate and institutional division in the Americas.

Mathé has worked for SG for 22 years since joining the French bank's Mexican office from Banco Nacional de Mexico in 1982. He was made deputy chief executive of European coverage in 2000 and took over as head of that business in January 2002.