BNP Paribas
SG expands Italian derivatives business
SG, the investment banking unit of French bank Société Générale, has expanded its institutional derivatives sales force in Italy by merging its equities arm with its interest rate and credit divisions.
BNP restructures European credit research
BNP Paribas, the French banking group, has restructured its credit research division after three members were poached by Lehman Brothers in September.
Lehman raids BNP Paribas’ credit team
Lehman Brothers has taken three new credit strategists from BNP Paribas. The US firm has made Alan Capper chief strategist, along with David Brickman, and named Gregory Venizelos as a research analyst. They will be London-based, reporting to John Wilson,…
Belhadj leads BNP Paribas’ charge into US flow business
Amine Belhadj, who has helped BNP Paribas expand its derivatives business in Europe and Tokyo, is now attempting to replicate that success in the Americas in his new role as head of equities and derivatives, Americas at BNP Paribas in New York.
BNP Paribas fund unit selects Riskdata
The London-based fund-of-hedge-fund manager, BNP Paribas Fauchier Partners (BNPFP) and its joint venture partner, Fauchier Partners, have selected Riskdata’s FOFiX risk management system for their fund portfolio.
BNP Paribas appoints head of equities and derivatives for Americas
French bank BNP Paribas has transferred its deputy global head of equity derivatives to a new role as head of equities and derivatives, Americas.
CSFB snares technical accounting director
Credit Suisse First Boston has hired Melissa Allen from BNP Paribas as a director within the European financial control department.
BNP Paribas expands interest rate group in New York
BNP Paribas has made seven appointments to its interest rate group in New York, headed by Zbigneiw Ryzak.
BNP Paribas snares Chicago sales head
BNP Paribas has hired Matthew Schultheis as director and head of sales for its Chicago office.
Bank of America strengthens its European debt platform
Bank of America has made a number of appointments to its European debt team in London.
BNP Paribas makes structured rates hire
BNP Paribas has hired Kara Lemont Sportelli for its fixed-income derivatives structuring group. Lemont Sportelli will focus on engineering exotic interest rate and hybrid derivatives products for investors and liability managers. She is based in London…
BNP hires in commodity derivatives, following departures
French bank BNP Paribas has made four appointments in its commodity derivatives business, following the departure of two senior members of its team last month.
BNP Paribas hires forex derivatives trader
Carl Nabar has joined French bank BNP Paribas in New York as a senior foreign exchange derivatives trader.
CDS options emerge in Asia
Credit default swap (CDS) options on Asian names have emerged on broker screens, with two CDS option trades referenced to Hong Kong conglomerate Hutchison Whampoa trading through brokerage firm Icap in early June.
ABN Amro poaches BNP Paribas energy heads
Dutch bank ABN Amro has hired Wayne Harburn, BNP Paribas' former head of European energy trading, as well as Vincent Chevance, the French bank's head of marketing for energy derivatives. BNP Paribas was not immediately able to say who would replace the…
BNP tap Etrali for floors in China
French trading communications technology maker Etrali has done a deal with BNP Paribas to deploy its hardware on trading floors in China, says Henri Vautheny, Etrali’s general manager for Asia, excluding Japan.
BNP Paribas alters equities business structure
BNP Paribas is to simplify the structure of its equity business following its partnership with French broker Exane.
DrKW hires six in hedge fund sales
Dresdner Kleinwort Wasserstein (DrKW), the investment banking arm of Dresdner Bank, has made six additions to its hedge fund sales team in recent weeks. All six take the title of director and will be based in London.
Barclays Capital snares dollar interest rate traders
Barclays Capital has hired three traders to work in its dollar interest rate derivatives team in New York.
Bear Stearns adds to credit derivatives team in Tokyo
Bear Stearns has hired Edouard Hervey, previously a credit default swaps trader at BNP Paribas in Hong Kong, as managing director in Tokyo.
BNP Paribas Asset Management acquires fund of hedge funds business
BNP Paribas Asset Management is to acquire the Javelin fund of hedge funds business currently owned by ZCM Investor Capital, the US subsidiary of Swiss group Zurich Financial Services.
BNP unit pushes STP for forex
BNP Paribas Securities Services is using CheckFree’s straight-through processing (STP) module to scale its processing services for foreign exchange transactions, reports Risknews’ sister publication, Trading Technology Week .
BNP Paribas creates credit arbitrage team
BNP Paribas is setting up a global credit arbitrage team, with Stéphane Delacote, previously Tokyo-based head of credit trading and derivatives for Asia-Pacific at the French bank, moving to London to head up the new division.
BNP Paribas recruits in metals trading team
French bank BNP Paribas has recruited Russ Plackett as a senior metals trader to work in its London office.