BNP merges FX and rates

February 23—BNP Paribas has merged FX and interest rate trading in a move the bank says will improve the efficiencies of both businesses.

Guillaume Amblard, currently global head of interest rate options trading, becomes global head of the new FX and interest rate trading group, reporting to Frédéric Janbon, global head of fixed income. He also joins the fixed-income executive committee. The bank has yet to name a replacement for Amblard’s former position.

Christian Mundigo, currently head of

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