BNP Paribas hires for fixed-income sales in New York

BNP Paribas has hired Tim Cassidy as a managing director and Rolf-Dieter Krenz as a director of fixed-income sales in New York.

Head of origination and distribution for the Americas, Kip Testwuide, says the hires will help build the firm’s derivative and inflation products and accelerate growth in core rates and mortgage-backed products.

Cassidy joins BNP from Barclays Capital in New York where he was head of North American interest rate sales. Krenz previously worked at Nomura Securities where

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