As 2025 begins, SRP looks back at last year’s most relevant people moves highlighting new hires and exits at the main issuers of structured products.

BBVA At the start of the year, Charles Firth ( right ) joined Banco Bilbao Vizcaya Argentaria's (BBVA) global markets team based in Hong Kong SAR. Firth reports functionally to Roberto Vila , global head of sales and structuring, and geographically to Eric Michl , head of global markets, Asia at the Spanish bank. He joined BBVA from Credit Suisse where he spent 12 years, most recently as managing director, head of solution sales, Southeast Asia. Firth first joined Credit Suisse in 2009 from