BNP Paribas to expand equity derivatives team by 200

Gerardin said the increase was part of a general expansion, rather than being driven by a specific product launch or regional push. “We considered last year that it was probably time to accelerate and move from annual increases of 100 [people] a year to something much more substantial,” he said. “It’s not one big plan or one big subject, it's many plans on hundreds of different subjects.”

The move follows the departure of some high-profile staff from the team in recent months. In March, the bank

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