BNP Paribas' structured credit solutions group in London has lost two senior salesmen covering Italy. Alberto Matta has left for ABN AMRO and Fabrizio Boaron is joining UBS. Both will remain in London. At BNP Paribas, they reported to Mark Goldman, head of global sales. He referred calls to Celeste Brown-Matta, spokeswoman, who declined comment.
Matta is taking on a new role as head of ABN AMRO's distribution to financial institutions and public sector clients for Italy. He reports to Edward Wassink, global head of FIPS distribution, and to Domenico Rizzuto, head of financial markets, Italy. Rizzuto said the hire is part of the firm's plans to strengthen its position in Italian debt capital markets. Matta cited recent enhancements to ABN AMRO's fixed-income business, such as the establishment of a "state-of-the-art" credit derivatives desk, as a foundation upon which to extend the firm's business in Italy.
Boaron, meanwhile, joins UBS as managing director and head of derivatives sales to Italy. He reports to Giuseppe Galimberti, head of southern European fixed-income sales, who was recently hired from Deutsche Bank and starts next month (BW, 5/31). Peter Ghavami, managing director and co-head of European sales, said Boaron's hire will strengthen UBS' Italian franchise. Boaron did not return calls.
