BNP Paribas
BNP Paribas adds eight to corporate fixed income
BNP Paribas has added eight staff to its European fixed-income corporate group.
BNP Paribas adds six to commodity business
BNP Paribas has hired six senior traders and managers for its commodity derivatives offices around the world.
Can research reinvent itself?
The provision of credit research to clients is undergoing sweeping reform, as regulatory concerns grow over potential conflicts of interest and banks reassess the value of giving out freebies. Philip Moore examines what this all adds up to for investors
Market Axess and DTCC team up to offer CDS index trading system
Electronic bond trading platform company MarketAxess has teamed up with the Depository Trust & Clearing Corporation's (DTCC) and 11 global dealers to create an electronic client-to-dealer trading platform for credit default swap (CDS) indexes. The CDS…
BNP Paribas hires derivatives marketer in NY
BNP Paribas has appointed Jerry Hammerschmidt as a senior equity derivatives marketer and managing director in its New York office.
In the spotlight
The Financial Services Authority has warned banks about the high number of unsigned confirmations in the credit derivatives market. Banks need to take action to clear the backlog, and with the FSA watching closely, they need to do it quickly. By Hann Ho
Prebon executes Japanese inflation options
Yamane Prebon Tokyo became the first inter-dealer broker to execute a 10-year, zero-percent inflation option on March 28.
BNP Paribas launches trading platform for structured products
BNP Paribas has launched an electronic trading platform for structured products, aimed at increasing secondary market liquidity across different asset classes.
Creditex, Markit and major dealers launch European credit fixings
Creditex, Markit and seven credit derivatives dealers today launched 'tradeable credit fixings' in what the backers hailed as a "milestone" in the development of the credit derivatives market.
Credit managers hope for new accounting blueprint
Mark-to-market accounting has frustrated credit portfolio managers at the largest international banks. It’s made their loan books more volatile and their derivatives hedges less efficient. But accounting standards setters may be ready to review the rules…
BNP Paribas reorganises fixed-income business
BNP Paribas is set to reorganise its fixed-income business by splitting its marketing and trading activities. The new set-up replaces a structure where the division was split into three areas: foreign exchange, interest rates and credit.
BNP makes European fixed-income hires
French banking group BNP Paribas has announced two appointments in its fixed-income business servicing German, Austrian and Swiss corporates.
BNP Paribas brings securitisation origination into financial institutions group
BNP Paribas has incorporated securitisation origination into its financial institutions debt capital markets (FIG DCM) team in order to strengthen and broaden coverage.
BNP strengthens commodity derivatives team
BNP Paribas, the French investment bank, has made several hires in its London-based commodity derivatives trading and marketing division.
BNP launches online structured note trading platform
BNP Paribas has launched an online trading platform that will allow the French bank’s clients to trade structured credit-linked notes, equity and fixed-income hybrid notes, and corporate bonds.
SG expands Italian derivatives business
SG, the investment banking unit of French bank Société Générale, has expanded its institutional derivatives sales force in Italy by merging its equities arm with its interest rate and credit divisions.
BNP restructures European credit research
BNP Paribas, the French banking group, has restructured its credit research division after three members were poached by Lehman Brothers in September.
Lehman raids BNP Paribas’ credit team
Lehman Brothers has taken three new credit strategists from BNP Paribas. The US firm has made Alan Capper chief strategist, along with David Brickman, and named Gregory Venizelos as a research analyst. They will be London-based, reporting to John Wilson,…
Belhadj leads BNP Paribas’ charge into US flow business
Amine Belhadj, who has helped BNP Paribas expand its derivatives business in Europe and Tokyo, is now attempting to replicate that success in the Americas in his new role as head of equities and derivatives, Americas at BNP Paribas in New York.
BNP Paribas fund unit selects Riskdata
The London-based fund-of-hedge-fund manager, BNP Paribas Fauchier Partners (BNPFP) and its joint venture partner, Fauchier Partners, have selected Riskdata’s FOFiX risk management system for their fund portfolio.
BNP Paribas appoints head of equities and derivatives for Americas
French bank BNP Paribas has transferred its deputy global head of equity derivatives to a new role as head of equities and derivatives, Americas.
CSFB snares technical accounting director
Credit Suisse First Boston has hired Melissa Allen from BNP Paribas as a director within the European financial control department.
BNP Paribas expands interest rate group in New York
BNP Paribas has made seven appointments to its interest rate group in New York, headed by Zbigneiw Ryzak.
BNP Paribas snares Chicago sales head
BNP Paribas has hired Matthew Schultheis as director and head of sales for its Chicago office.