BNP Paribas hires Sansaricq

"We are committed to building a full-service hedge fund equity finance business,” Steinberg said. “Rich is the right person to lead the sales team given his 16 years' experience in equity finance and his excellent hedge fund relationships.”

Sansaricq previously worked at Abbey National, where he was global head of hedge fund sales. He has also worked at Credit Suisse and Lehman Brothers.

BNP Paribas also plans to hire a head of equity finance for the Americas.

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