BNP Paribas strengthens equities unit in London with hire of Credit Suisse risk arbitrage team
The appointments are part of the diaspora from the Swiss bank following its forced merger with rival UBS Group.
The appointments are part of the diaspora from the Swiss bank following its forced merger with rival UBS Group.
Integration will help support efficient trade management, alongside reducing manual touchpoints, post-trade risk and costs.
In the bank’s 2022 earnings, it also reported an increase in net income of 7.5% year-on-year, alongside promising figures within its global markets division.
New hub will support the growth of the firm’s global markets business in the US and the growing number of clients within the South Florida area.
BNP Paribas, Coremont, Morgan Stanley and TORA all saw new additions and departures this week.
New vice president in EM rates and FX trading has previously served across BNP Paribas, UniCredit and Expat Capital.
Incoming trader joins three other hires into the single stock team in the last year as it looks to bolster its offering in the space.
The Kingdom has appointed five international banks to act as market makers in a bid to boost its secondary debt market.
The opening buy-side keynote of Fixed Income Leaders 2022 from BNP Paribas Asset Management and Axa trading heads focused on how data and connectivity are influencing an evolving marketplace.
The past week saw appointments from Deutsche Bank, Mizuho Americas, Redburn, Clear Street, Stifel Financial and Tradefeedr.