BNP CLO Trio Jump Ship
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BNP CLO Trio Jump Ship

A squad of collateralized loan obligation structures at BNP Paribas in London has quit the firm and market buzz has connected them with similar roles at Citigroup.

A squad of collateralized loan obligation structures at BNP Paribas in London has quit the firm and market buzz has connected them with similar roles at Citigroup. Senior structurer Orestis Millas and junior colleagues Mounir Naffi and Till Kollmar left the French firm in March. All are on gardening leave and could not be reached for comment. Neil Servis, head of European CDOs and the structured credit syndicate at Citi in London, declined comment and it has since emerged he has quit the firm to join Deutsche Bank in London.

Earlier this month, Citi lost senior structurer Sandra Wong to RBS (DW, 3/27) where she will head European managed CDOs. She will be joined by colleague Thomas Sandberg who joins in a new role reporting to Wong.

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