BNP Paribas splits GECD group into four


BNP Paribas has restructured its global equities and commodity derivatives (GECD) group, splitting the unit into four newly formed business lines. The move comes after the bank reported a 65.6% revenue drop in equities and advisory in the second quarter – a result that added impetus to the move, says one senior banker at BNP Paribas.

Following the changes, a structured equity business will now be run by Nicolas Marque, formerly global head of equity derivatives structured products sales, while

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