BNP Paribas has reorganised its London equity department as part of an effort it says is to increase the department's size and revenues.
BNP Paribas has combined its interest rate and foreign exchange trading capabilities as part of a reorganisation aimed at improving efficiency.
Francisco Hervella has joined BNP Paribas as a New York-based director and senior Latin American structured products marketer in the equity and derivatives sales group. He reports to Nick Kello, US head of equity and derivatives sales for financial institutions.
BNP Paribas has recruited David Abner as head of exchange-traded fund (ETF) trading in New York.
Frankfurt-based International Index Company (IIC) has launched the iBoxx EUR ABS 50 index, which consists of the 50 largest and most liquid AAA-rated European floating rate asset-backed securities (ABS) and mortgage-backed securities (MBS). Each constituent...
Model risk has become a key focus for financial institutions. But how do dealers ensure their models are implemented correctly and that they accurately reflect the risks an institution is running? By Laurence Neville
BNP Paribas has made a trio of hires in forex sales and trading across Europe.
BNP Paribas has hired seven ex-Refco employees to build its worldwide presence in the soft futures market, and the Paris-based bank has also become a member of the New York Board of Trade (Nybot).
BNP Paribas has appointed ex-West LB credit trader Alvaro Ballesteros as part of its drive to further its growth in the European high yield market.
Greg Hurley has joined BNP Paribas' equity derivatives business in New York, where he will head the single-stock trading team. Hurley moves from Merrill Lynch, also in New York, where he was a director in the bank's global linked equity derivatives group.
Deutsche Bank has completed the sale of its US active fixed-income asset management business to UK-based Aberdeen Asset Management.
Pricing and management of longevity risk is gaining in prominence for life and pensions companies. But the market for longevity risk on the pension side remains underdeveloped
Calyon and Axa Investment Managers (IM) are set to join the slew of financial institutions offering 100% principle-protected notes based on a managed portfolio of synthetic credits.
ABN Amro and Axa Investment Managers (Axa IM) have closed a principal-protected long/short credit note called Synergie, which has been sold to institutional investors in Europe, Asia and the Middle East.
BNP Paribas is launching the second series of Dynamo hybrid cash and credit derivative notes, which will again be managed by Crédit Agricole Asset Management (CAAM).
Tim Drayson has joined BNP Paribas in London as global head of securitisation, with the job of improving the bank's performance in the European structured credit markets.
BNP Paribas is today launching its first retail structured note for the Hong Kong market. The Paris-based bank will offer capital guarantees on the performance of the 'Elite Series 1' credit-linked notes, which are issued by BNP Paribas Retail Note Issuance.
BNP Paribas has made two new appointments to its German structured product team and one to its bond team in Frankfurt.
BNP Paribas has bolstered its equities and derivatives trading business with two new hires. Eric Le Brusq will join as deputy head of equities and derivatives worldwide, and Todd Steinberg becomes deputy head of equities and derivatives for the Americas.
BNP Paribas has hired Damian Saunders as a senior syndicate manager in its structured credit team in London. Saunders will report to Guy Rose, head of BNP Paribas' European structured credit syndicate.
The world's major derivatives dealers have signed up to the International Swaps and Derivatives Association’s long-awaited ‘Novation Protocol’, which seeks to facilitate the transfer of existing trades to third parties.
MarketAxess has launched a multi-dealer credit default swap (CDS) index trading service in London and New York. The New York-based company is targeting end-users to use the service.
BNP Paribas has hired six new traders - five from Nomura Securities - for its New York- based equity and derivatives trading business.
Farielle Boufaden will join the foreign exchange hedge fund sales desk at BNP Paribas in London from HSBC. She held a similar role for two years at the UK bank with a particular focus on selling derivatives.