BNP To Expand FX Institutional Sales Team

  • 20 May 2002
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BNP Paribas is expanding its New York foreign exchange institutional sales team, according to Nigel Babbage, global head of currency options in New York. Babbage said the move is aimed at meeting the rapid growth of the hedge fund market in the U.S. BNP plans to hire two or three senior marketers by year-end.

"It's no secret what the hedge fund market is going through and we want to be there to service our clients. It's a real growth area," said Babbage. As part of the plan, BNP has hired Garry Bale, a senior foreign exchange marketer at JPMorgan, to fill a similar position in its New York group, Babbage said. Bale, who joined the firm about two weeks ago, reports to Martin Ferraro, head of the institutional sales team.

While at JPMorgan, Bale reported to Scott Gallopo, head of the New York foreign exchange sales division. Gallopo did not return calls.

  • 20 May 2002

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 357,043.08 1340 9.06%
2 JPMorgan 319,078.96 1445 8.09%
3 Bank of America Merrill Lynch 316,666.04 1099 8.03%
4 Goldman Sachs 236,643.87 789 6.00%
5 Barclays 230,494.28 891 5.85%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 34,591.50 163 6.58%
2 Deutsche Bank 34,293.84 117 6.53%
3 Bank of America Merrill Lynch 31,293.04 95 5.96%
4 BNP Paribas 27,578.61 168 5.25%
5 SG Corporate & Investment Banking 23,982.83 136 4.56%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 19,745.92 80 8.86%
2 Morgan Stanley 16,323.54 83 7.32%
3 Citi 15,946.50 94 7.15%
4 UBS 15,487.17 60 6.95%
5 Goldman Sachs 14,053.61 76 6.30%