BNP Paribas hires flow credit trader in Japan

French bank BNP Paribas has hired Satoshi Yui as a credit derivatives flow trader in Japan.

He joins the bank from Morgan Stanley, where he spent more than 13 years as an interest rate and credit trader.

At BNP, Yui will focus on building a stronger franchise for the bank in the vanilla credit derivatives market, said Stéphane Delacote, Tokyo-based head of Asian credit derivatives.

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