BNP Paribas to add 200 in equity derivatives


BNP Paribas is increasing the headcount of its equity derivatives division by almost a third in an effort to tap the growing demand for equity-linked products from emerging markets. Yann Gerardin, the bank's global head of equities and derivatives, says the number of front-office staff will grow from 700 to 900 before the end of the year.

The increase is part of a general expansion, rather than being driven by a specific product launch or regional push, says Gerardin. "We considered last year

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