BNP Paribas hires Sansaricq

BNP Paribas has hired Richard Sansaricq as a managing director and head of equity finance sales in its equities and derivatives division in New York. He will initially report to Todd Steinberg, head of equities and derivatives for the Americas at the French dealer.

"We are committed to building a full-service hedge fund equity finance business,” Steinberg said. “Rich is the right person to lead the sales team given his 16 years' experience in equity finance and his excellent hedge fund relationships.”

Sansaricq previously worked at Abbey National, where he was global head of hedge fund sales. He has also worked at Credit Suisse and Lehman Brothers.

BNP Paribas also plans to hire a head of equity finance for the Americas.