Jacquard joins BNP

Benjamin Jacquard has joined BNP Paribas as its new global head of structured credit and arbitrage trading.

Jacquard, who will be based in London, moves from Calyon, the investment banking arm of Crédit Agricole. He replaces Stephane Delacote, who left the bank in April.

During his time at Calyon, Jacquard firstly served as global head of credit structuring and collateralised debt obligations (CDOs) after joining the bank in April 2007. He was promoted to global head of structured products last November as part of a management shake-up.

Jacquard had reported to Loic Fery, the global head of credit markets and CDOs, until he left Calyon in September 2007. At the same time, Zain Abdullah, head of the bank's New York credit markets and CDO team, left the bank. Calyon subsequently lost Edouard Bremond, global head of cash CDO structuring, in December last year.

Prior to his stint at Calyon, Jacquard was global head of structured credit trading at Bank of America.

See also:

Another CDO head leaves Calyon

New commodity and structured credit heads at Calyon