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Gilles Staquet has joined BNP Paribas to cover equity derivatives arbitrage sales for Belgium and Luxembourg. Based in Paris, he will report to Pierre Bes, head of the sales teams for Belgium, Luxembourg and Switzerland.

Staquet was recruited from NIB Capital Bank, where he was an associate director in equity derivatives sales. He was also in charge of the restructuring of NIBC Petercam Derivatives earlier this year, which required the unwinding of EUR5 billion of equity derivatives positions