BNP Paribas appoints ABS head

BNP Paribas has appointed Peter Nowell as head of ABS correlation trading in fixed income.

Starting on October 17, Nowell will be based in London and report to Stephane Delacote, global head of structured credit trading and arbitrage.

Nowell joins BNP Paribas from RBS in London, where he was head of ABS correlation trading from July 2005. At RBS, he was responsible for a global ABS correlation book covering US and European ABS, with managed and static single-tranche transactions. Before this

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