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Derivatives

Crédit Agricole Nabs BNP Trader

Crédit Agricole Indosuez has hired Alec Yin, interest rate derivatives trader at BNP Paribas in Tokyo, as a derivatives structurer in Hong Kong. Yin said he now handles structuring for interest rate and foreign exchange related products. He reports to Eddie Lee, head of fixed income in Hong Kong. Lee did not respond to messages.

At BNP, Yin reported to Christian Mundigo, head of European swaps and government bond trading in London. Mundigo declined comment.

CAI recently transferred Remi Soula, head of interest rate trading in Tokyo, for a new role as Asian head of exotic interest rate trading in Hong Kong to boost its regional desk (DW, 7/13).

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