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BNP Paribas Corporate and Investment Banking Hires for Fixed Income in New York
| Source: BNP Paribas
NEW YORK, NY--(Marketwire - November 4, 2009) - BNP Paribas is pleased to announce the
following appointments to its Fixed Income business in New York.
Sean Farrell joins as a Managing Director to head the newly formed US Short
Term team that has been created to cover accounts for both Rates and Credit
short duration products. Sean brings 22 years of experience to the role
including positions held at Countrywide and UBS. He reports to Patrick
McKee, head of North America credit sales and Mallory Brooks, head of US
Interest Rate Sales.
Marc Badner starts as a Managing Director in North American credit sales.
He joins from RBS where he spent 4 years in credit sales and prior to that
worked at Morgan Stanley and Lehman Brothers. In his new role he will cover
hedge funds, insurance companies and asset managers. He reports to Patrick
McKee.
Joseph Lyons joins as a Director in North America credit sales. Joseph has
been working in North American credit markets for 9 years, 4 of those at
Goldman Sachs in Chicago and 5 at Morgan Stanley in New York and Chicago.
He also reports to Patrick McKee.
Keith Price joins as a Director in the US inflation business where he has
started trading TIPS. He brings a wide-array of client-franchise
development and risk management skills. His career includes positions at
Deutsche Bank and Barclays Capital. Keith reports to Jeremie Banet, head of
US Inflation trading.
Commenting on the appointments, Bob Hawley, head of Fixed Income, Americas
said, "BNP Paribas Fixed Income is enjoying an exciting time of growth in
the US. We are using our strong and diverse product offering as well as our
AA credit rating to develop our business."
Kip Testwuide, head of origination and distribution in Fixed Income added,
"The Bank will continue to deepen our relationships with hedge funds and
continue to focus on bolstering our business with money managers, pension
funds and insurance companies. We will continue to selectively hire to
accomplish this."
About BNP Paribas Corporate and Investment Banking
BNP Paribas Corporate and Investment banking division
(http://cib.bnpparibas.com/) has almost 17,000 employees, deployed in 53
countries around the world. BNP Paribas CIB excels in three fundamental
sectors in particular:
Derivatives -- it is one of the leading global players in rates, credit,
forex, commodity and equity derivatives.
Capital markets -- it is amongst the top ten Euro houses for both ECM and
DCM (bond issues, securitization, convertibles and shares).
Structured finance -- it is amongst the world leaders for acquisition,
export, project and commodity finance.
About BNP Paribas
BNP Paribas (www.bnpparibas.com) is one of the 6 strongest banks in the
world according to Standard & Poor's*. With a presence in 85 countries and
more than 205,000 employees, 165,200 of which in Europe, BNP Paribas is a
global-scale European leader in financial services. It holds key positions
in its three activities: Retail banking, Investment Solutions and Corporate
& Investment Banking. The Group benefits from its four domestic markets:
Belgium, France, Italy and Luxembourg. BNP Paribas also has a significant
presence in the United States and strong positions in Asia and the emerging
markets.
* Within its peer group